US Treasury imposes fresh Iran-related sanctions


The US Treasury on Friday imposed fresh Iran-related sanctions targeting two individuals, 15 entities, and 14 vessels accused of involvement in activities linked to Iran’s sanctioned energy and shipping networks.
A statement by the Office of Foreign Assets Control (OFAC) said the designations were made under Executive Order 13846 and trigger asset freezes and a ban on dealings with US persons.
Those sanctioned span several countries, including Turkey, the United Arab Emirates, China, India, and the Marshall Islands, and include shipping managers, trading firms, and oil, gas, and chemical tankers accused of facilitating Iran’s oil exports.