NEW SANCTIONS: Treasury Targets Key Iranian Shipping Network After Strait Attacks
The U.S. Treasury announced sweeping new sanctions targeting the shipping and financial network of Mohammad Hossein Shamkhani, intensifying economic pressure on Iran following the regime’s renewed attacks in the Strait of Hormuz. Treasury Secretary Scott Bessent stated: “The Iranian regime survives on deception, and the Shamkhani network is one of its most profitable engines. Treasury […]