The Department of State is sanctioning 15 entities, two individuals, and 14 shadow fleet vessels connected to the illicit trade in Iranian petroleum, petroleum products, and petrochemical products. These targets have generated revenue that the regime uses to conduct its malign activities.
Instead of investing in the welfare of its own people and crumbling infrastructure, the Iranian regime continues to fund destabilizing activities around the world and step up its repression inside Iran.
So long as Iranian regime attempts to evade sanctions and generate oil and petrochemical revenues to fund such oppressive behavior and support terrorist activities and proxies, the United States will act to hold both the Iranian regime and its partners accountable.
The President is committed to driving down the Iranian regime's illicit oil and petrochemical exports under the Administration's maximum pressure campaign.
All Department of State targets are being designated pursuant to Executive Order (E.O.) 13846, which authorizes and reimposes certain sanctions with respect to Iran, and in furtherance of President Trump's National Security Presidential Memorandum 2
