Global Trade Alert
Global Trade Alert

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

Announcement

13 Mar 2025

In March 2025, the U.S. Department of State announced sanctions against ship management companies based in Indonesia and Singapore for facilitating the transportation of Iranian crude oil.

 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

13 Mar 2025

Revocation date:

No revocation date

Controls on commercial transactions and investment instruments In force

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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