Overview
- Britain designated Hossein Shamkhani under its Iran Sanctions Regulations (2023), imposing an asset freeze, director disqualification and a travel ban.
- The UK also froze assets and imposed director disqualifications on Petrochemical Commercial Company (PCC), Admiral Group, Ocean Leonid Investments and Milavous Group.
- The Foreign Office said the targeted network generates revenue that enables Tehran’s destabilising activities, including operations linked to Ukraine and Israel.
- Shamkhani was previously sanctioned by the United States last month and by the European Union in July, aligning the UK move with recent Western actions.
- The government said it has now sanctioned more than 450 Iranian individuals and entities, while Iran’s embassy in London condemned the measures as unilateral and illegal.