The US imposes new sanctions on Iran's shipping network to increase economic pressure and disrupt oil sales.

OFAC imposed its largest sanctions package since 2018 against the Shamkhani network, targeting 50+ entities and vessels tied to Iranian oil smuggling with

The US imposes new sanctions on Iran's shipping network to increase economic pressure and disrupt oil sales.

The United States on Tuesday expanded its sanctions targeting Iran's oil sector, taking further aim at the network of petroleum shipping magnate Mohammad Hossein Shamkhani, the…

The U.S. Department of the Treasury expanded its sanctions against the Islamic Republic’s oil export network, blacklisting more than 50 ...