US Hits Iran s Oil Trade Network With New Sanctions On Ships & Operators

html bodyImage for illustration functions best The US has imposed recent sanctions on Iran s petroleum business network targeting delivery companies vessels as well as terminal operators involved within the movement of Iranian crude oil The State Department sanctioned 4 entities involved in the trade of Iranian petroleum and recognized vessels as blocked assets A Chinese terminal operator and 3vessel management corporations had been also particular for their role in transporting millions of barrels of Iranian oil to overseas consumers One of the main objectives is Guangsha Zhoushan Energy Group Co Ltd a Chinaprimarily based crude oil and petroleum terminal operator located on Huangzeshan Island in Zhoushan According to america authorities this terminal has again and again violated American sanctions acquiring Iranian crude oil at least 9 occasions among 2021 and 2025 These transactions included oil added by way of USsanctioned tankers The terminal is linked to a nearby independent teapot refinery in the course of the HuangzeshanYushan Under Sea Oil Pipeline The US govt says that Guangsha Zhoushan has imported a minimum of 13 million barrels of Iranian oil during this era In one example the United Statesprecise tanker SNOW IMO9569619 previously referred to as CHERAM and connected to the National Iranian Tanker Company brought round 2 million barrels to the terminal in August 2021 In February 2025 another USsanctioned vessel AVENTUS I IMO 9280873 often referred to as FURY discharged approximately 1 million barrels on the identical terminal The sanctions also lengthen to a bunch of vessels and their coping with firms which were fascinated about transporting Iranian oil under the radar The time period ghost fleet refers to ships that regularly operate with their Automatic Identification Systems AIS became off a tactic used to cover their region as well as steer clear of detection Three companies had been sanctioned for handling such vessels Marziya Shipping OPC Pvt Ltd India technicalISM supervisor of the vessel VIRGO considering the fact that June 2021 Rising Phoenix Provider NV commercial supervisor as well as registered proprietor of VIRGO since November 2020 Valiant Marine Ventures FZE commercial manager of the vessel AMOR given that December 2021 Between 2022 as well as 2024 VIRGO loaded about 22 million barrels of Iranian crude oil across 11 port calls at Iran s Kharg Island frequently turning off its AIS machine Meanwhile AMOR transported over 20 million barrels of Iranian crude oil among January 2022 as well as January 2025 loading shipment from Iranian ports like Kharg Island Lavan as well as Sirri It also incessantly operated at the hours of darkness to stay away from detection The vessels AMOR as well as VIRGO have been named as blocked belongings due to their involvement The Treasury has additionally sanctioned UAEbased delivery operator Jugwinder Singh Brar as well as his vast network of nearly 30 vessels working beneath Prime Tankers LLC as well as Glory International FZLLC Brar s fleet smuggled masses of hundreds of thousands of bucks value of Iranian petroleum thru deceptive practices These incorporated highpossibility shiptoship transfers near Iran Iraq UAE as well as the Gulf of Oman One such example concerned transporting over 25000 metric lots of petroleum from Iran s Bandar Abbas port to Oman as well as the UAE The oil was then blended with Iraqi crude at Iraq s Khor al Zubair port and exported beneath falsified documents claiming it originated simplest from Iraq One of Brar s vessels the NADIYA operated by Glory International illegally shipped Iranian oil for the Iranian army in 2023 A wide selection of deceptive practices have been used together with disabling AIS programs to hide the location as well as Iranian foundation of the oil cargoes These vessels operated beneath a couple of flags of convenience together with Panama Barbados Palau Antigua as well as Barbuda Comoros Gambia and the Cook Islands Panama alone hosted 15 of the sanctioned vessels Reference US Department of Treasury Disclaimer The knowledge contained in this site is for basic knowledge purposes most effective While we endeavour to keep the information uptotheminute as well as proper we make no representations or warranties of any type express or implied in regards to the completeness accuracy reliability suitability or availability with admire to the web page or the information products services or similar photographs contained at the website online for any goal Any reliance you place on such information is therefore strictly at your own possibility In no match do we be answerable for any loss or damage together with with out limitation oblique or consequential loss or injury or any loss or harm in anyway arising from loss of data or profits bobbing up out of or in connection with the use of this site Disclaimer The data contained in this site is for basic knowledge purposes handiest While we endeavour to 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