US DOS imposes sanctions on individuals, companies, and vessels tied to Iran’s illicit oil trade and “shadow fleet,” targeting networks used to evade international sanctions

The US DoS sanctions 15 entities, two individuals, and 14 shadow fleet vessels connected to the illicit trade in Iranian petroleum, petroleum products, and petrochemical products. The action aims to disrupt networks that generate revenue for Iran’s government and support destabilizing activities, reinforcing U.S. efforts to strengthen enforcement of sanctions targeting Iran’s energy exports and related maritime operations…