Trump cracks down on Iran’s ‘shadow fleet’ with new sanctions

Published February 24, 2025 11:14am ET



The Trump administration announced new sanctions aimed at Iran‘s “shadow fleet” of oil tankers that it said are used to fund destabilizing activities around the world. 

The sanctions, imposed Monday by the Treasury Department’s Office of Foreign Assets Control and the State Department, are part of the administration’s recent maximum-pressure campaign on the nation to reduce Iran’s exports of crude oil to zero. 

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