US says latest Iran sanctions are toughest since 2018
31/7/2025 5:57
The U.S. Treasury
Department announced fresh sanctions on Wednesday on over 115
Iran-linked individuals, entities and vessels, in a sign the
Trump administration is doubling down on its "maximum pressure"
campaign after bombing Tehran's key nuclear sites in June.
The sanctions broadly target the shipping interests of
Mohammad Hossein Shamkhani, the son of Ali Shamkhani, who is
himself an adviser to Supreme Leader Ayatollah Ali Khamenei. The
U.S. Treasury described the move as the most significant
Iran-related sanctions action since 2018, during President
Donald Trump's first administration.
According to Treasury, Shamkhani controls a vast network of
container ships and tankers through a complex web of
intermediaries that sell Iranian and Russian oil and other goods
throughout the world.
Treasury accused Shamkhani of using personal connections and
corruption in Tehran to generate tens of billions of dollars in
profits, much of which is used to prop up the Iranian regime.
Overall, the new sanctions target 15 shipping firms, 52
vessels, 12 individuals and 53 entities involved in sanctions
evasion in 17 countries, ranging from Panama to Italy to Hong
Kong.
A U.S. official said the new move would make it "much
more difficult" for Iran to sell its oil, but added that the
administration did not anticipate any sustained disruption to
global oil markets.
The official said that Iran's oil exports had already
declined to around 1.2 million barrels per day, from 1.8 million
bpd at the start of the year, after the administration imposed
several smaller rounds of sanctions targeting Iran's oil
business.
"We're still engaging further action to bring that
number down even more," the official said, noting that sanctions
pressure during Trump's first term had cut Iran oil flows to a
few hundred thousand bpd.
Iran's UN mission did not immediately respond to a
request for comment.
China is the top buyer of Iran's oil
.
The European Union sanctioned Shamkhani earlier in July,
citing his role in the Russian oil trade.
A U.S. official said that Wednesday's action would impact
both Russia and Iran, but the action was focused on Iran.
"From our perspective, given where this individual fits,
given his connection to the Supreme Leader and his father's
previous sanctions activities, given the Iran-related
authorities, it's critically important to emphasize that this is
an Iran action that is meaningful and very impactful," the
official said.
Ali Shamkhani, Mohammad Hossein Shamkhani's father, was
sanctioned by the United States in 2020.
The latest sanctions announcement came as prospects for
renewed U.S.-Iran diplomacy remained dim in the aftermath of the
U.S. bombing of Iranian nuclear sites last month.
Trump warned on Monday that he would order fresh U.S.
attacks should Tehran try to restart the nuclear sites the U.S.
had already struck.
He also told reporters Iran has been sending out "nasty
signals" and that any effort to restart its nuclear program
would be immediately quashed.
The United States held five rounds of
talks with Iran
prior to its
airstrikes in June
, which Trump said had "obliterated" a program that
Washington and its ally Israel say is aimed at developing a
nuclear bomb.
Some experts have questioned the extent of the damage.
Iran denies seeking a nuclear weapon.
A senior White House official said last week that
Washington was open to talking directly to Iran. But European
and Iranian diplomats have said there is little prospect of Iran
re-engaging with the U.S. at the negotiating table for now.
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