Sanctions on Shamkhani Network Deal a Major Blow to the Dark Fleet
On April 15, the US Treasury announce a wide-ranging series of sanctions on the business empire of Mohammad Hossein Shamkhani, son of the recently-deceased one-time National Security Advisor and close confidant of the late Iranian Supreme Leader Ali Khamenei. The US Treasury sanctioned eight crude and one LNG tanker, and ten ship management and trading companies associated with Shamkhani operating in the United Arab Emirates. The US Treasury described the Shamkhani network as a "multi-billion dollar Iranian and Russian petroleum...
Continue Reading...
Loading More news