US sanctions LPG shipping network, Iranian exchange house ...Iraq

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The US Treasury Department imposed new sanctions on Iran onFriday, targeting a network accused of exporting Iranian liquefied petroleumgas (LPG) through front companies and a financial firm allegedly involved inmoving funds for sanctioned Iranian banks.

The Treasury warned that individuals, companies, vessels,and financial institutions involved in facilitating Iranian trade orsanctions-evasion activities could face US sanctions, including secondarysanctions on foreign entities supporting Iranian commerce.

— Treasury Department (@USTreasury) June 5, 2026

Earlier today, the US Indo-Pacific Command announced the interceptionof the sanctioned vessel Davina, noting that it would continue to enforce maritimelaw “to disrupt illicit networks and interdict vessels providing materialsupport to Iran.”

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