US Treasury Sanctions Escalate: Multiple Iran-Related Vessels Targeted in Maritime Crackdown

BitcoinWorld US Treasury Sanctions Escalate: Multiple Iran-Related Vessels Targeted in Maritime Crackdown WASHINGTON, D.C. — March 15, 2025 — The United States Treasury Department has significantly escalated its maritime pressure campaign against Iran by adding multiple vessels to its sanctions list. This decisive action targets what officials describe as a sophisticated network attempting to circumvent international restrictions on Iranian oil exports. Consequently, these sanctions immediately freeze any U.S.-based assets belonging to the designated entities. Furthermore, they prohibit American citizens and companies from conducting business with them. US Treasury Sanctions Target Iranian Maritime Network The Office of Foreign Assets Control (OFAC), the Treasury’s enforcement arm, announced the designations this week. Specifically, the action identifies several vessels allegedly invo