Shafaq News- Washington
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 Office of Foreign Assets Control (OFAC) indicated thatthe measures target individuals, companies, and vessels accused of disguisingIranian LPG as Omani-origin fuel and exporting it to Asian markets through anetwork spanning the United Arab Emirates and China. The sanctions also targetan Iranian exchange house and its leadership, which Washington accuses offacilitating foreign currency transactions on behalf of sanctioned Iranianbanks..
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.
Today, Treasury’s Office of Foreign Assets Control is designating a network of individuals, entities, and vessels responsible for shipping hundreds of millions of dollars’ worth of Iranian-origin liquid petroleum gas⸺intentionally disguised as Omani LPG⸺to end users in South…
— Treasury Department (@USTreasury) June 5, 2026Earlier 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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