Global Trade Alert
Global Trade Alert

United States of America: Sanctions against companies and vessels facilitating Iranian oil exports

Announcement

08 May 2025

In May 2025, the U.S. Department of the Treasury imposed sanctions on entities allegedly involved in importing Iranian crude oil into China and operating Iran's "shadow fleet" of oil tankers.

Source

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Number of interventions

4

4 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 May 2025

Revocation date:

No revocation date

Announced: 08 May 2025
Controls on commercial transactions and investment instruments In force

Recent update from 06 May 2026:

On 8 May 2025, the U.S. Department of the Treasury imposed sanctions on one entity from Singapore in connection with Iran's oil sector. As a result of this decision, this entity has been added to t...

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Announced: 08 May 2025
Foreign customer limit In force

Recent update from 06 May 2026:

On 8 May 2025, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) imposed sanctions on six vessels for their involvement in transporting Iranian petroleum and petroleum p...

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Announced: 08 May 2025
Controls on commercial transactions and investment instruments In force

Recent update from 06 May 2026:

On 8 May 2025, the U.S. Department of the Treasury imposed sanctions on six entities (three from Hong Kong, two from the Marshall Islands, and one from the United Kingdom) that are said to have bee...

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Announced: 08 May 2025
Controls on commercial transactions and investment instruments In force

Recent update from 06 May 2026:

On 8 May 2025, the U.S. Department of the Treasury imposed sanctions on four entities from China that are said to have been involved in the import and handling of Iranian crude oil. As a result of ...

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