Overview
- The Treasury Department sanctioned 15 shipping firms, 52 vessels, 12 individuals and 53 entities tied to Mohammad Hossein Shamkhani’s maritime network.
- This action represents the most significant Iran-related sanctions since 2018 under Executive Order 13846’s maximum pressure campaign.
- The State Department separately imposed restrictions on 20 entities and 10 vessels in India, Indonesia, Turkey and the UAE for trading in Iranian petroleum.
- US officials say the move follows June airstrikes on Iran’s Fordo, Isfahan and Natanz nuclear sites and is intended to starve the regime of critical funds.
- Global buyers—particularly in China and Europe—now face heightened compliance risks as Washington intensifies pressure on Iran’s oil-smuggling routes.