July 31, 2025
Largest Iranian Shipping Network Sanctioned in Sweeping OFAC Crackdown
Sweeping U.S. sanctions imposed on Iran’s oil and shipping network on July 30 are the most extensive since 2018 and focus on the shipping empire controlled by Mohammad Hossein Shamkhani, widely known in trading circles as “Hector”. The Office of Foreign Asset Control package added 62 vessels to the sanctions list for shipping Iranian oil,...
