US Imposes Broad Sanctions on Iranian Oil and Shipping Networks
Originally Published 5 months ago — by U.S. Department of the Treasury (.gov)
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.