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US says sanctions hit Iran ‘shipping empire’ linked to top Tehran official | International Trade News

30 July 2025
in World
US says sanctions hit Iran ‘shipping empire’ linked to top Tehran official | International Trade News
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The U.S. Treasury has imposed sanctions on over 100 Iran-linked entities, including 52 vessels tied to Mohammad Hossein Shamkhani, son of a senior adviser to Iran’s Supreme Leader. These actions aim to disrupt a significant shipping network generating billions from oil transport, with officials stating it will complicate Iran’s oil sales while not disrupting global markets significantly.

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Tags: Donald TrumpempirehitInternationalInternational tradeIranIsrael-Iran conflictLinkedMiddle EastNewsofficialsanctionsshippingTehrantoptradeUnited StatesUS & Canada
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