US EditionUS Treasury Sanctions Iranian Oil Exports and Shadow Fleet Operations
The U.S. Treasury sanctioned 13 entities and eight vessels linked to Iranian oil transport violations amid efforts to curb Iran's nuclear activities, officials said.
- On August 21, the US Treasury imposed sanctions on a group comprising multiple companies, several ships, and an individual linked to shadow fleet activities that facilitate Iranian oil exports.
- The sanctions reflect ongoing Treasury efforts to block Iran's oil revenues that fund regional destabilizing activities after June talks suspension.
- The designated network includes Greek national Antonios Margaritis, his shell companies, and vessels flying flags such as Panama and Sao Tome and Principe.
- Sanctioned vessels include crude oil tankers Adeline G, Kongm, Lafit, and chemical tankers, while two China-based oil storage firms were also targeted.
- The sanctions freeze US assets of those listed and ban American business with them, signaling continued pressure despite stalled Iran nuclear talks.
16 Articles
16 Articles
Arizona Daily Sun
US issues sanctions on networks, vessels for dealing in Iran oil
WASHINGTON (Reuters) -The Trump administration on Thursday issued more Iran-related sanctions, targeting 13 entities based in Hong Kong, China, the United Arab Emirates and the Marshall Islands, as well as eight vessels, the U.S. Treasury Department said.
Al-Monitor
US issues more Iran-related sanctions
WASHINGTON (Reuters) -The Trump administration on Thursday issued more Iran-related sanctions, targeting 13 entities based in Hong Kong, China, the United Arab Emirates and the Marshall Islands, as well as eight vessels, the U.S. Treasury Department said.The measures cover Greek national Antonios Margaritis and his network of companies and vessels that Treasury said was involved in transporting Iranian oil exports in violation of sanctions.
Fresh US, UK Sanctions Target Firms, Vessels, & Individuals Facilitating Iran Oil Trade
Image for representation purpose only The United States and Britain have announced a new round of sanctions against Iran, targeting shipping networks, oil tankers, and companies accused of helping Tehran move crude in violation of international restrictions. The U.S. Treasury Department said it had sanctioned 13 entities registered in Hong Kong, China, the UAE, and the Marshall Islands, along with eight vessels on Thursday. Greek national Antoni…
The U.S. Treasury Department announced on Friday the imposition of sanctions on 13 companies and eight vessels suspected of being involved in the illegal export of Iranian oil, Iran International reported. Among those targeted were Greek businessman Antonios Margaritis and his network of shipping companies.
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