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US Treasury Sanctions Seven Entities in UAE, Iran, Turkey in $500 Million Iranian Oil Smuggling Network Under Trump’s Maximum Pressure Campaign

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Updated May 1, 2025, 10:00 PM

The U.S. Treasury Department announced a new round of sanctions targeting seven entities involved in Iran's illicit oil and petrochemical trade. These entities are based in the United Arab Emirates, Iran, and Turkey. Additionally, two vessels, including one flagged under Gabon, were designated as blocked property.

The sanctions are part of the Trump administration's maximum pressure campaign aimed at reducing Iran's illegal exports of petroleum and petrochemical products, including shipments to China. The move coincides with the upcoming round of nuclear negotiations between the U.S. and Iran scheduled for May 3. The administration described the targeted network as a $500 million Iranian smuggling operation. U.S. officials, including Senator Marco Rubio, emphasized the commitment to enforcing sanctions and holding accountable those involved in evading U.S. restrictions on Iranian oil trade. This action follows recent sanctions on entities linked to Iran's ballistic missile financing and reflects a broader strategy to curb Iran's illicit economic activities.

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#Iran #United Arab Emirates #Turkey #Gabon #Trump #China #Iranian #Marco Rubio

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Sen. John Barrasso

@SenJohnBarrasso

President Trump is restoring Maximum Pressure on Iran and cracking down on its terrorist regime. The U.S. will fully enforce sanctions on anybody linked to Iranian oil trade. https://t.co/IqyVbPzJ1d

Rep. Claudia Tenney

@RepTenney

By imposing secondary sanctions, President Trump is reinforcing our country’s zero-tolerance policy toward Iranian oil smuggling. Thank you, President Trump, for continuing to stand firm against Iran & holding those who evade U.S. sanctions accountable. https://t.co/2qAoLy8Po4

KayhanLondon کیهان لندن

@KayhanLondon

New US oil sanctions against seven companies based in Iran, Turkey and the UAE -On the eve of the fourth round of talks with the Islamic Republic and just one day after imposing sanctions against Iran's ballistic missile program financing network, the United States has once again targeted seven Iranian and non-Iranian entities involved in the oil products trade https://t.co/vKKbX7KbkO