The United States announced new sanctions on Iran’s oil trade on Thursday, targeting vessels and companies allegedly involved in transporting Iranian crude oil and petroleum products to international markets.
According to the U.S. Treasury Department, the latest measures include sanctions on eight vessels linked to Iranian oil shipments. The vessels named by the Treasury include the Marshall Islands-flagged tanker Flora, the Comoros-flagged crude oil tanker Hauncayo, and the Panama-flagged tanker Ill Gap.
The sanctions were introduced as Washington and Tehran continued discussions on broader regional and shipping-related issues, including navigation through the Strait of Hormuz.
U.S. Treasury Secretary Scott Bessent said the measures are intended to limit oil revenue linked to Iran’s military-related activities.
In addition to the vessels, the U.S. imposed sanctions on more than 15 entities across several jurisdictions. Companies named by the Treasury include Hong Kong-based Worth Seen Energy Limited, Dubai-based Symphony Shipping and Maritime Management Inc, and Hong Kong-based Mehdiyev Trading Co.
The Treasury Department stated that some of the sanctioned entities allegedly used oil sales networks connected to Iranian military-linked organizations to obtain petroleum products from outside Iran.
According to the Treasury statement, Worth Seen Energy Limited was accused of procuring refined petroleum products for the National Iranian Oil Company on behalf of Sepehr Energy Jahan, which the U.S. identifies as the oil sales arm of Iran’s Armed Forces General Staff.
The latest sanctions come amid continued concerns over energy market stability and shipping activity in the Strait of Hormuz, a critical global trade route through which a significant share of the world’s oil and gas supplies typically pass.
Market analysts said developments involving sanctions, shipping access, and energy exports continue to influence global oil prices, freight activity, and broader supply chain operations.
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