Regulatory Alerts2026-02-06 | 20260206Sanctions to Combat Illicit Traders of Iranian Oil and the Shadow Fleet
The U.S. Department of the Treasury's Office of Foreign Assets Control designated multiple individuals, entities, and vessels under Executive Order 13846 for facilitating Iran's illicit oil trade. The SDN List additions include shipping managers and trading companies based in Turkey, India, and the UAE, alongside a fleet of crude oil, LPG, and chemical tankers flagged in Panama, Cameroon, and Barbados. These designations block property and interests in property to disrupt the shadow fleet network supporting Iranian energy exports.
Share