US says sanctions hit Iran ‘shipping empire’ linked to top Tehran official | International Trade News

Sanctions said to target shipping network controlled by Mohammad Hossein Shamkhani, the son of a top adviser to Iran’s Supreme Leader Ayatollah Ali Khamenei.

The United States Department of the Treasury has imposed new sanctions on more than 100 Iran-linked individuals, companies and ocean-going vessels in what it described as its “largest Iran-related action since 2018”.

The sanctions, announced on Wednesday, target more than 50 vessels which the Treasury Department describes as being…

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News Source: www.aljazeera.com

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