Global Trade Alert
Global Trade Alert

United States of America: Treasury Department imposes sanctions on entities across multiple jurisdictions involved in Iranian oil shipments

Announcement

16 Apr 2025

In April 2025, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced sanctions against several entities and vessels facilitating the trade and transport of Iranian crude oil.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Apr 2025

Revocation date:

No revocation date

Announced: 16 Apr 2025
Controls on commercial transactions and investment instruments In force

Recent update from 06 May 2026:

On 16 April 2025, the U.S. Department of the Treasury imposed sanctions on one entity from China that is said to have been involved in the purchase of Iranian crude oil. As a result of this decisio...

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Announced: 16 Apr 2025
Controls on commercial transactions and investment instruments In force

Recent update from 06 May 2026:

On 16 April 2025, the U.S. Department of the Treasury imposed sanctions on six entities from the Marshall Islands, Panama, Hong Kong, and Malaysia that are said to have been involved in the shipmen...

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Announced: 16 Apr 2025
Foreign customer limit In force

Recent update from 06 May 2026:

On 16 April 2025, the U.S. Department of the Treasury imposed sanctions on five vessels for their involvement in Iran’s petroleum shipments to China through maritime networks associated with Iran’s...

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