Shafaq News- Washington
The United States on Wednesday imposed sanctions on anetwork linked to Iranian oil exports, the US Department of the Treasury stated,claiming that the network helped to finance Iran’s activities despite existingsanctions.
In a statement, the Treasury said it is targeting a networkassociated with Mohammad Hossein Shamkhani, the son of Ali Shamkhani, formerSecretary of Iran’s Supreme National Security Council, describing it as a “vastshipping empire” involved in the sale of Iranian and Russian oil.
The department added that the network has “generated tens ofbillions of dollars in profits,” vowing to “continue to target Iran’s illicitrevenue streams.” The statement added that the measures include designations ofmultiple companies, vessels, and individuals accused of facilitating oilshipments and evading sanctions.
US officials said the action is part of efforts to limitIran’s ability to use oil revenues to support destabilizing activities in theregion.
Today, as part of Economic Fury, Treasury’s Office of Foreign Assets Control (OFAC) sanctioned an oil smuggling network run by Iranian shipping magnate Mohammad Hossein Shamkhani, the son of now-deceased senior Iranian security official Ali Shamkhani. OFAC today also sanctioned…
— Treasury Department (@USTreasury) April 15, 2026Hence then, the article about us sanctions network linked to iranian oil sales was published today ( ) and is available on SHAFAQ NEWS ( Iraq ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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