The United States government has announced new sanctions aimed at curbing the revenue flow from Iranian oil, which it claims supports terrorism and oppresses the Iranian people. The Department of State has sanctioned six entities and identified four vessels involved in significant transactions related to Iranian petroleum and petrochemical products.
Simultaneously, the Department of the Treasury is targeting oil smuggling networks that have moved billions of dollars' worth of Iranian oil. This includes sanctioning several shadow fleet vessels used for covert deliveries. Among those sanctioned is a network run by Iraqi businessman Salim Ahmed Said, which allegedly profits from smuggling Iranian oil disguised as or blended with Iraqi oil.
The U.S. continues to implement measures under National Security Presidential Memorandum 2, which seeks to apply maximum pressure on Iran by cutting off revenue streams that fund destabilizing activities. The U.S. asserts its commitment to using all available tools against those facilitating Iran's illicit oil trade.
These actions are executed under Executive Orders 13846 and 13902, targeting Iran's petroleum and petrochemical sectors, along with counterterrorism authority Executive Order 13224. This marks the tenth round of sanctions on Iranian oil sales since February 4, 2025, when National Security Presidential Memorandum 2 was issued.
For further details on these sanctions, refer to the Department of the Treasury press releases.
