The United States has imposed extensive sanctions targeting over 100 individuals, companies, and vessels linked to Iran’s shipping industry, aiming to block Iranian oil exports. Central to these sanctions is Mohammad Hossein Shamkhani, who manages a complex network helping Iran and Russia sell oil globally. The move, part of increased pressure under President Trump, seeks to cut Iran’s revenue supporting its regime. Iran condemned the sanctions as hostile, while China remains its largest oil buyer. Diplomatic talks remain unlikely in the near future.
The United States has imposed a sweeping new round of sanctions targeting Iran’s shipping industry in a bid to halt the country’s oil sales. The sanctions affect more than 100 individuals, companies, and vessels alleged to be linked with Iran, according to U.S. officials.
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