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US Sanctions Law Firm Over Iran Ties

The US Treasury Department sanctioned a Greece and Panama based law firm for allegedly assisting Iranian shipping networks. Authorities also targeted Singapore and UAE shipping agents and probed European banks.

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FILE PHOTO: A general view of the entrance to the U.S. Department Of The Treasury on day two of a partial government shutdown in Washington, D.C., U.S., February 1, 2026. REUTERS/Ken Cedeno/File Photo

The United States imposed sanctions on Wednesday against Karnakis & Karnakis, a law firm based in Greece and Panama, for aiding shipping networks in Iran.
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