Overview
- OFAC and the State Department named roughly 50–60 and about 40 actors respectively, a combined action widely described as nearly 100 targets across companies, individuals and vessels.
- Key Chinese nodes were blacklisted, including Shandong Jincheng Petrochemical Group, the Rizhao Shihua Crude Oil Terminal at Lanshan Port, and Jiangyin Foreversun Chemical Logistics, the first China‑based terminal designated for receiving Iranian petrochemicals.
- Nine India‑based companies and eight Indian nationals were sanctioned for importing Iranian petrochemicals or operating vessels moving Iranian LPG, with listed firms such as BK Sales Corporation, Indisol Marketing, Mody Chem and C. J. Shah & Co.
- Indian nationals Varun Pula, Soniya Shrestha and Iyappan Raja were cited for shipping millions of barrels of Iranian LPG to China and Pakistan through vessels PAMIR, NEPTA and SAPPHIRE GAS tied to Marshall Islands or India‑based operators.
- The measures block U.S.-linked property, extend to entities 50% or more owned by listed parties, and target Iran’s ‘shadow fleet’ practices, with ship‑tracking indicating tankers waiting off Rizhao as short‑term disruption emerges.