U.S. Treasury Cracks Down on Iran’s Shadow Fleet with 13 Additional Ships Targeted

The U.S. Department of Treasury announced today a major expansion of sanctions targeting Iran’s maritime oil transportation network, marking an aggressive move to disrupt the flow of Iranian petroleum products through international waters.

“Iran continues to rely on a shadowy network of vessels, shippers, and brokers to facilitate its oil sales and fund its destabilizing activities,” said Treasury Secretary Scott Bessent. He added that anyone dealing in Iranian oil “exposes themselves to significant sanctions risk.”

The sanctions represent the second round of measures following President Trump’s National Security Presidential Memorandum 2 issued on February 4, 2025, which restored President Trump’s “maximum pressure” campa…