Overview

• Treasury named Waleed al‑Samarra'i and his firms Babylon Navigation DMCC and Galaxy Oil, accusing them of orchestrating the trade.
• OFAC listed Liberia‑flagged tankers including Adena, Liliana and Camilla that were used to move and mix cargos to disguise origin.
• The network allegedly blended Iranian crude with Iraqi supplies through ship‑to‑ship transfers in the Arabian Gulf and in Iraqi ports.
• Treasury detailed tactics such as nighttime operations, AIS spoofing and Marshall Islands shell ownership to obscure control.
• The designations block any U.S. property or interests tied to the parties, require reporting to OFAC and target an estimated $300 million a year in value to Iran.