US Imposes Broad Sanctions on Iranian Oil and Shipping Networks
TL;DR Summary
The U.S. Department of the Treasury has imposed its largest Iran-related sanctions since 2018, targeting a vast shipping network controlled by Mohammad Hossein Shamkhani that facilitates billions in oil and petroleum exports from Iran and Russia, using sophisticated methods to evade detection and sanctions, and involving numerous front companies and vessels across multiple jurisdictions.
- Treasury Takes Massive Action Against High-Profile Iranian Network U.S. Department of the Treasury (.gov)
- Trump administration sanctions major Iranian shipping network as it ramps up maximum pressure campaign CNN
- Sanctioning Facilitators of Iran’s Petroleum and Petrochemical Trade U.S. Department of State (.gov)
- US blacklists Iranian oil tycoon to with ties to Russian shadow fleet Politico
- US Hits Iran Oil-Trading Network in Sweeping Sanctions Crackdown Bloomberg.com
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