The US State Department imposed sanctions on 20 legal entities involved in the Iranian oil trade, and declared 10 ships as blocked assets. The Chinese-based terminal for shipping crude oil and petroleum products that had repeatedly accepted oil from Iran was also sanctioned.
In addition, the US Treasury Department imposed sanctions against more than 115 individuals and companies belonging to Iran’s extensive shipping network, an oil transport system that operates in defiance of sanctions and is owned by Mohammad Hossein Shamkhani. Hossein — the son of Ali Shamkhani, a top political advisor to the Supreme Leader of Iran.
“The over 115 sanctions issued today are the largest to-date since the Trump Administration implemented our campaign of maximum pressure on Iran. These actions put America first by targeting regime elites that profit while Tehran threatens the safety of the United States,” said Secretary of the Treasury Scott Bessent.
The State Department has clarified that sanctions will continue until Iran agrees to a deal that strengthens regional peace and stability, and in which Iran renounces all intentions of possessing nuclear weapons.
