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Global Trade Alert

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United States of America: Sanctions imposed on companies facilitating Iran's crude oil trade

Description

On 13 March 2025, the U.S. Department of State imposed sanctions on three ship management companies from Indonesia and Singapore for allegedly transporting Iranian oil. As a result of this decision, t...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

13 Mar 2025

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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