Washington announced a new package of anti-Iranian sanctions

The US State and Treasury Departments announced new sanctions against companies, individuals and vessels associated with the Iranian oil industry.

As part of these measures, eight shipping companies have been identified as involved in the transportation of Iranian oil and petrochemicals, and eight associated tankers have been identified as blocked property.

Also subject to sanctions were oil sales networks through which tens of millions of barrels of Iranian oil were pumped.

Among those on the sanctions list are several shipping managers from Hong Kong, the UAE and the Marshall Islands. Hong Kong companies Ever Shining Limited and HK Yuanhang Shipping operated tankers systematically loading Iranian petrochemicals starting in 2022.

UAE-registered Seafoam Marine, Symphony Shipping and Vanguard Marine Ventures were involved in the transportation of Iranian crude oil and liquefied gas throughout 2025-2026.

The sanctions also affected traders of Iranian petrochemicals. Qatar’s Classy Pansy Trading exported Iranian petrochemicals worth over $1 million in 2023-2024. Singapore’s Alt Capital, which has already come under British sanctions for supporting the Russian defense sector, was also caught trading in Iranian petrochemicals. India’s Rishabh Triexim imported Iranian petrochemical products worth about $54.6 million.

All property and assets of those named on the list located in the United States or under the control of American persons are subject to immediate freezing and mandatory notification to OFAC. Any transactions involving sanctioned persons are prohibited without special permission from the department.