Overview

• The eleventh sanctions round under Executive Order 13846 and National Security Presidential Memorandum 2 continues the maximum pressure campaign launched in February.
• The State Department designated 20 entities and identified 10 vessels as blocked property for facilitating exports of millions of barrels of Iranian crude and petrochemicals.
• Sanctions target a China-based terminal operator and multiple vessel management firms accused of illicit shipments and deceptive shipping practices.
• Companies in India, the United Arab Emirates, Türkiye and Indonesia were sanctioned for significant purchases of Iranian-origin petrochemical products.
• The Treasury Department blacklisted over 115 individuals and companies tied to regime insider Hossein Shamkhani’s shipping empire to disrupt a key evasion network.