The United States announced new sanctions on July 14, 2026, targeting more than 50 individuals, entities, and vessels. These targets are part of a network led by Mohammad Hossein Shamkhani, which is a

WASHINGTON—Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is intensifying its efforts to disrupt and degrade the illicit shipping and sanctions evasion network of Moha...

Iran: Dismantling Shamkhani’s Illicit Shipping Empire PRESS STATEMENT THOMAS "TOMMY" PIGOTT, SPOKESPERSON JULY 14, 2026 As part of the United States’ effort to increase pressure on the Iranian regime amid their unlawful attacks on commercial shipping in the Strait of Hormuz, the United States is acting to disrupt and degrade the illicit shipping and sanctions evasion network of U.S.-designated Mohammad Hossein Shamkhani, which serves as a major enabler behind Iran’s oil exports.

Iran-related Designations; Iran-related and Counter Terrorism Designation Update; Issuance of Iran-related General License Additions: Treasury Press Release: Treasury Intensifies Pressure on Shamkhani's Expansive Illicit Shipping Empire Mohammad Hossein Shamkhani, the target of this action, is the son of Ali Shamkhani, a senior political advisor to Iran's Supreme Leader who was himself sanctioned by the U.S. in 2020. Today's action brings the total sanctioned under his patronage to more than 200 individuals, entities, and vessels across this and two prior actions (July 2025 and April 2026).

WASHINGTON—Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is intensifying its efforts to disrupt and degrade the illicit shipping and sanctions evasion network of Moha...

After reports revealed how Abolfazl Shamkhani and his brother, Hossein Shamkhani, used Caribbean identities to own luxury real estate in ...

Shamkhani’s network had previously been sanctioned by the Treasury in July of 2025. The US issued 115 sanctions against the group, according to a Treasury press release at the time.

U.S. Upends Iranian Shadow Fleet and Oil-for-Gold Terror Financing Network PRESS STATEMENT THOMAS "TOMMY" PIGOTT, PRINCIPAL DEPUTY SPOKESPERSON APRIL 15, 2026 The United States is acting to decisively limit Iran’s ability to generate revenue as it attempts to hold the Strait of Hormuz hostage. Today’s sanctions target elements of U.S.-designated Mohammad Hossein Shamkhani’s multi-billion-dollar oil smuggling empire that enriches the Iranian regime and its elites.

The United States is acting to decisively limit Iran’s ability to generate revenue as it attempts to hold the Strait of Hormuz hostage. Today’s sanctions target elements of U.S.-designated Mohammad Hossein Shamkhani’s multi-billion-dollar oil smuggling empire that enriches the Iranian regime and its elites. It also targets a separate oil-for-gold network that finances U.S.-designated Hizballah and the U.S.-designated Islamic Revolutionary Guard Corp-Qods Force (IRGC-QF).

The US Department of Justice alleges #SeaLead was part of #Shamkhani's dark fleet network, not just a charterer. Org charts found in court filings tell a damaging story. #Iran #OFAC #sanctions #shipping #darkfleet

Sanctioned traders, including Hossein Shamkhani, have been able to move oil through the Strait of Hormuz and exploit higher prices.