Overview
- The sanctions target individuals and entities across China, India, the UAE, and other regions involved in transporting and brokering Iranian oil sales.
- Key Iranian officials, including the CEO of the National Iranian Oil Company and managers of major oil terminals, are among those sanctioned.
- The U.S. Treasury and State Departments identified and blocked 13 vessels used to ship tens of millions of barrels of crude oil worth hundreds of millions of dollars.
- These measures are part of President Trump's 'maximum pressure' campaign to reduce Iran's oil exports to zero and prevent nuclear weapon development.
- The sanctions aim to cut off funding for Iran's nuclear program, missile development, and support for regional militant groups.