United States imposes new sanctions on nine shadow fleet vessels transporting Iranian oil

The US Treasury Department sanctioned nine shadow fleet vessels and eight firms on Friday. The move targets Iranian oil revenue amid rising regional tensions.

Insights:
The United States USUSTreasury Department announced sanctions on January 23, 2026, against nine shadow fleet vessels and eight related firms involved in transporting Iranian oil and petroleum products. These entities, based in India ININ, Oman OMOM, and the United Arab Emirates AEAE, have collectively moved hundreds of millions of dollars in petroleum goods. The move aims to disrupt the revenue streams that support Iran IRIRwhile impacting global energy markets, including Crude Oil WTI and Brent Crude Oil .
Signage is seen at the United States Department of the Treasury headquarters in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew Kelly
Signage is seen at the United States Department of the Treasury headquarters in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew Kelly
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