The United States Treasury Department has imposed a new round of sanctions targeting eight tankers and ten entities linked to Iran's shipping network.
The measures, announced Wednesday, aim to disrupt the flow of Iranian petroleum by targeting the logistical infrastructure that facilitates exports despite existing restrictions.
Treasury Secretary Scott Bessent highlighted the economic pressure on Tehran, noting that the regime is desperate for cash as inflation reaches triple digits and the economy faces severe contraction.
The sanctions are designed to cut off revenue streams that sustain the government's operations.
The targeted entities include vessels and organizations associated with Mohammad Hossein Shamkhani, a prominent figure in Iran's petroleum shipping sector.
Previous actions have already broadened restrictions into cryptocurrency channels, indicating a comprehensive strategy to isolate Iran's financial and trade networks.