US Treasury Sanctions 50+ Entities Linked to Shamkhani Oil Export Network

The U.S. Treasury has expanded sanctions against the Iranian oil export network, targeting over 50 foreign nationals and vessels associated with the Shamkhani fleet. This action aims to disrupt illicit revenue streams supporting the IRGC, though the efficacy of these measures remains contingent on the cooperation of third-party jurisdictions and the adaptability of the shadow fleet.