US Targets Iran’s Shadow Fleet, Networks Supplying Ballistic Missile And ACW Programs

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Wednesday over 30 individuals, entities, and vessels enabling illicit Iranian petroleum sales and Iran’s ballistic missile and advanced conventional weapons (ACW) production, as part of Treasury’s ongoing campaign of maximum pressure on Iran. 

Specifically, OFAC targeted additional vessels operating as part of Iran’s shadow fleet, which transport Iranian petroleum and petroleum products to foreign...