… to deprive Iran of the resources needed to develop a nuclear weapon.Today, Treasury’s Office of Foreign Assets Control is placing further pressure on Iran’s shadow fleet, which illicitly exports Iranian petroleum that the regime uses to fund its military and weapons programs.
— Treasury Department (@USTreasury) December 18, 2025
Under @POTUS @realDonaldTrump, Treasury will continue to take steps…
Today’s action also targets Hatem Elsaid Farid Ibrahim Sakr, an Egyptian businessman whose companies are associated with seven of the 29 shadow fleet vessels included in this action, as well as multiple shipping companies.
“As President Trump has said repeatedly, the United States will not allow Iran to have a nuclear weapon,” said Treasury Under Secretary for Terrorism and Financial Intelligence John K. Hurley. “Treasury will continue to deprive the regime of the petroleum revenue it uses to fund its military and weapons programs.”
TREASURY is SANCTIONING ADDITIONAL VESSELS IN the shadow fleet OFAC is taking systematic actions against the shadow fleet that Iran relies on to evade sanctions and transport petroleum to end users in Asia. Since President Trump resumed office, his Administration has sanctioned more than 180 vessels responsible for shipping Iranian petroleum and petroleum products, driving up costs for Iranian oil exporters and reducing the revenue Iran receives for each barrel of oil sold.
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