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    Home»Latest News»US says sanctions hit Iran ‘shipping empire’ linked to top Tehran official | International Trade News
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    US says sanctions hit Iran ‘shipping empire’ linked to top Tehran official | International Trade News

    Ironside NewsBy Ironside NewsJuly 31, 2025No Comments4 Mins Read
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    Sanctions stated to focus on delivery community managed by Mohammad Hossein Shamkhani, the son of a prime adviser to Iran’s Supreme Chief Ayatollah Ali Khamenei.

    The US Division of the Treasury has imposed new sanctions on greater than 100 Iran-linked people, corporations and ocean-going vessels in what it described as its “largest Iran-related motion since 2018”.

    The sanctions, introduced on Wednesday, goal greater than 50 vessels which the Treasury Division describes as being a part of a “huge delivery empire” of oil tankers and container ships managed by Mohammad Hossein Shamkhani, the son of a senior political adviser to Iran’s Supreme Chief Ayatollah Ali Khamenei.

    “This community transports oil and petroleum merchandise from Iran and Russia, in addition to different cargo, to patrons world wide, producing tens of billions of {dollars} in revenue,” the Treasury Division stated in a press release, describing the sanctions bundle as a “large motion” towards an Iranian household community.

    “The Shamkhani household’s delivery empire highlights how the Iranian regime elites leverage their positions to accrue large wealth and fund the regime’s harmful behaviour,” Treasury Secretary Scott Bessent stated.

    Bessent stated the sanctions on 115 people, entities and vessels had been “the biggest to-date because the Trump Administration carried out our marketing campaign of most stress on Iran”.

    An Iranian Ministry of International Affairs spokesperson referred to as the new sanctions “a transparent instance of America’s hostility in direction of the Iranian nation”, in response to the nation’s Pupil Information Community.

    In response to a US Treasury assertion, the Shamkhani household controls a good portion of Iran’s crude oil exports and whereas Ali Shamkhani – father of Hossein and adviser to Supreme Chief Khamenei – was sanctioned by the US in 2020, the household owns unique properties world wide and has obtained international passports, which permit them to “journey undetected” to conduct enterprise abroad.

    “Layers of entrance corporations with an innocuous look and no simply discernible connection to Hossein’s community enable it to accrue huge income whereas avoiding outdoors scrutiny,” the division stated.

    In whole, the brand new sanctions goal 15 delivery corporations, 52 vessels, 12 people and 53 entities concerned in sanctions evasion in 17 international locations, starting from Panama to Italy to Hong Kong, the Reuters information company stories.

     

    A US official advised the information company that the sanctions would make it “rather more troublesome” for Iran to promote its oil, however added that the US administration didn’t anticipate any sustained disruption to world oil markets.

    China is the highest worldwide purchaser of Iran’s oil.

    The newly introduced sanctions come after Iranian International Minister Abbas Araghchi stated any new act of aggression towards Iran will result in a robust response.

    Posting on social media on Monday, Araghchi responded to feedback by US President Donald Trump, who threatened new assaults on Iran if the nation makes an attempt to restart its nuclear programme.

    “Iran, a nation with a wealthy tradition originating from 7,000 years of civilisation, won’t ever reply to the language of risk and intimidation. Iranians have by no means bowed down earlier than any foreigners and reply solely to respect,” Araghchi wrote on X.

    “Iran is aware of precisely what occurred throughout the current American-Israeli aggression, each to us and our adversaries – together with the extent of blows which can be nonetheless being censored. If aggression is repeated, we is not going to hesitate to react in a extra decisive method and in a manner that shall be IMPOSSIBLE to cowl up,” he stated.

    “Nobody of their proper thoughts would abandon the fruits of large funding in homegrown and peaceable expertise which is saving lives – and just because [bullying] foreigners demand it,” he added.

    Iran, a nation with a wealthy tradition originating from 7000 years of civilization, won’t ever reply to the language of risk and intimidation. Iranians have by no means bowed down earlier than any foreigners and reply solely to respect.

    Iran is aware of precisely what occurred throughout the current…

    — Seyed Abbas Araghchi (@araghchi) July 28, 2025





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