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U.S. Sanctions 58 Targets Linked to Iran’s Illicit Oil Trade and Mahan Air

Washington says the targeted networks finance Iran’s military rebuild, nuclear program, proxy forces.

Overview

  • The State Department named 17 entities, individuals and vessels while the Treasury’s OFAC added 41 more, hitting actors across India, Panama, the UAE, the Seychelles, Greece, Germany and the Gambia.
  • Designations focus on Iran’s shadow tanker fleet and front companies tied to Sepehr Energy Jahan Nama Pars Company, with tactics cited such as ship‑to‑ship transfers, disabled tracking and falsified documentation.
  • Treasury also expanded actions against Mahan Air and subsidiary Yazd International Airways, alleging IRGC‑QF transport of personnel and weapons to Lebanon and Syria, and identified seven additional aircraft as blocked property.
  • Indian exposure includes RN Ship Management Private Limited and TR6 Petro India LLP, plus two Indian nationals; officials say TR6 Petro imported over $8 million of Iranian‑origin bitumen between October 2024 and June 2025.
  • The measures freeze U.S.-linked assets and bar U.S. persons from dealings, taken under E.O. 13224, E.O. 13846 and E.O. 13902 within the administration’s maximum pressure policy, with violations subject to civil or criminal penalties.