Trump’s Maximum Pressure Scheme: US Sanctions Iranian ‘Shadow Fleet’
Washington imposed sanctions on 24 February, targeting what it refers to as a “shadowy” fleet made up of companies, individuals, and vessels involved in transporting Iranian oil to circumvent unilateral US sanctions.
“Iran continues to rely on a shadowy network of vessels, shippers, and brokers to facilitate its oil sales and fund its destabilizing activities. The United States will use all our available tools to target all aspects of Iran’s oil supply chain, and anyone who deals in Iranian oil exposes themselves to significant sanctions risk,” US Treasury Secretary Scott Bessent said in a statement on Monday.