Shafaq News – Washington
On Wednesday, the US Treasury Department imposed whatit called the most sweeping sanctions on Iran since 2018, targeting anextensive oil shipping network accused of financing destabilizing operations inIran and Russia.
Treasury Secretary Scott Bessent described the 115 newsanctions as “the largest” since the Trump-era maximum pressure campaign,framing them as a move to disrupt regime elites while protecting US nationalsecurity.
Today, in its largest Iran-related action since 2018, Treasury is sanctioning more than 115 individuals, entities, and vessels that make up a vast shipping empire controlled by Mohammad Hossein Shamkhani, son of a top political advisor to the Supreme Leader.This network… pic.twitter.com/cCBYN8pjBq
— Treasury Department (@USTreasury) July 30, 2025The package includes penalties on 15 shipping firms,52 vessels, 12 individuals, and 53 entities operating across 17 countries,according to the Treasury’s statement.
Among those sanctioned is Mohammad Hossein Shamkhani,sonof senior Iranian official Ali Shamkhani, who allegedly engineered a covert oilshipping operation to bypass sanctions and fund Iran’s activities abroad.
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