The United States imposed sanctions on 20 entities and designated 10 vessels as blocked property on Wednesday for their involvement in Iran's oil trade.
In a statement, the U.S. State Department said: "These new sanctions represent decisive measures to disrupt the Iranian regime's ability to fund its destabilizing activities, including its nuclear program, support for terrorist groups, and oppression of its people."
The sanctions specifically target:
A port operating company
Multiple vessel management firms
Bulk oil purchasers
Collectively, these entities facilitated the export and purchase of millions of barrels of Iranian crude oil, petroleum products, and petrochemicals.
The State Department noted it had identified several ship management companies whose vessels engaged in unlawful shipping operations and deceptive practices, jeopardizing global trade flows.
Additionally, the U.S. Treasury designated over 115 targets within:
A massive shipping empire
The sanctions evasion network of Hossein Shamkhani (a regime insider)
Entities linked to Ali Shamkhani (son of Iran's Supreme Leader's political advisor)
"The United States will maintain maximum pressure on Iran until it accepts an agreement promoting regional peace and stability, and abandons all nuclear ambitions," the statement emphasized.
Today's actions demonstrate Washington's resolve to:
✓ Cut off Iran's illicit oil and petrochemical trade
✓ Disrupt funding for destabilizing activities
✓ Target all enablers of sanctions evasion