US imposes sanctions on individuals linked to Iranian shipping operations
Washington targets more than 50 individuals, companies, and vessels it alleges helped facilitate sanctions evasion and maritime logistics
WASHINGTON (MNTV) — The United States has imposed sanctions on more than 50 individuals, companies, and vessels allegedly linked to an international shipping and sanctions evasion network associated with Iranian businessman Mohammad Hossein Shamkhani, as Washington intensifies its economic pressure campaign against Tehran.
The US Treasury Department said the sanctions were imposed through its Office of Foreign Assets Control (OFAC), accusing the network of facilitating shipping operations and financial activities that allegedly helped Iran circumvent existing US sanctions.
According to the Treasury, the latest measures are part of broader US efforts to increase pressure on Iran following what Washington described as renewed Iranian actions in and around the Strait of Hormuz.
The sanctions target a wide range of individuals and entities, including financial intermediaries, shipping executives, logistics companies, and vessel operators based in several countries. Under the measures, any assets or property belonging to the designated individuals and entities that fall under US jurisdiction will be frozen, while US persons are generally prohibited from conducting transactions with them.
US Treasury Secretary Scott Bessent claimed the sanctions are intended to dismantle what Washington considers a major financial network supporting the Iranian government.
“The Iranian regime survives on deception, and the Shamkhani network is one of its most profitable engines,” Bessent said. “Treasury is shutting down the financial infrastructure that allows the regime to continue its threats to US national security and global shipping.”
The latest sanctions represent another escalation in Washington’s economic campaign against Iran, as tensions between the two countries continue to intensify amid the ongoing regional conflict and disputes over maritime security in the Gulf.
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