U.S. Treasury Department Archives

US imposes new sanctions targeting Iran oil trade, Hezbollah, Treasury Dept says

July 3, 2025

(BOE Report)– The United States imposed sanctions on Thursday against a business network that smuggles Iranian oil disguised as Iraqi oil, as well as sanctions targeting a Hezbollah-controlled financial institution, the Treasury Department said. The network of companies run by Iraqi businessman Salim Ahmed Said has been buying and shipping billions of dollars worth of Iranian oil disguised as, or

U.S. imposes new sanctions on Iran’s shadow fleet

February 24, 2025

(Oil Price) – The United States has imposed sanctions on more than 30 people and vessels for selling and transporting Iranian petroleum-related products as part of the country’s” shadow fleet,” the Treasury Department has announced. The latest sanctions target tanker operators and managers in India and China; oil brokers in the United Arab Emirates (UAE) and Hong Kong and the

US Treasury tightens focus on Iran’s oil networks

December 3, 2024

(Oil Price) – The U.S. Treasury Department announced a new wave of sanctions on Iran’s energy sector, focusing on oil exports and financial networks that enable Tehran to bypass existing restrictions. These measures are aimed at addressing the country’s continued “destabilizing behavior” in the Middle East, according to a new statement made Tuesday by the U.S. Treasury Department. In Tuesday’s statement,

U.S. Treasury Department

US imposes new sanctions targeting Iran oil trade, Hezbollah, Treasury Dept says

U.S. imposes new sanctions on Iran’s shadow fleet

US Treasury tightens focus on Iran’s oil networks

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