Foreign Relations

U.S. Sanctions 10 People, 24 Entities and 20 Ships Tied to Iran

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Illustrative public-domain photograph of an oil tanker loading crude in the Persian Gulf

The U.S. Treasury sanctioned 10 people, 24 entities and 20 vessels tied to Mohammad Hossein Shamkhani’s shipping and sanctions-evasion network on Tuesday. Treasury said the network remains a major force behind Iranian oil exports and has expanded into container shipping and commodities trading, including movements benefiting the Iran-backed Houthis. The action covers financiers, logistics operators, shipping companies and vessels across several jurisdictions. OFAC also issued General License Z, allowing limited wind-down, safety, environmental and cargo-offloading transactions through September 12, while barring new commercial contracts with the blocked parties.

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