Tag: ofac_sanctions

Treasury Sanctions 17 Shadow Fleet Vessels in Crackdown on Iran's Oil Network

8 Oct 2026 1:03 p.m. · Source: US Treasury

Operation Economic Outcast targets 17 tankers and 18 companies moving Iranian oil, petrochemicals and LPG across Asia, as Treasury says it has neutralized most of Iran's remaining shadow fleet.

Politics and Government Business World Iran Federal Government Trade Energy Legal Middle East Operation Economic Outcast Iran shadow fleet OFAC sanctions Scott Bessent U.S. Department of the Treasury Executive Order 13902 Iranian petroleum exports US Treasury