Tag: liquid_petroleum_gas

U.S. Treasury Sanctions Iranian LPG Smuggling and Shadow Banking Networks

5 Jun 2026 11:31 a.m. · Source: US Treasury

The U.S. Treasury has designated a network of individuals, entities, and vessels involved in illicitly shipping Iranian liquid petroleum gas disguised as Omani, and a shadow banking network moving hundreds of millions for sanctioned Iranian banks, under "Economic Fury."

Politics and Government Business Conflict Federal Government Economy Banking Trade Middle East Asia Iran Sanctions US Treasury OFAC Liquid Petroleum Gas Shadow Banking Smuggling Economic Fury