Trump renews maximum pressure on Iran with crackdown on 'shadow' fleet of tankers

 February 24, 2025

This story was originally published by the WND News Center.

During President Donald Trump's first term in the White House, his maximum pressure agenda for Iran brought the rogue Islamic regime's terrorism to a trickle, as the government there simply didn't have the funding it wanted to pursue violence against the world.

Joe Biden's term reversed that, in that it opened the door for hundreds of millions of dollars to flow into the coffers of the Islamists.

Now Trump is turning that back again.

The Washington Examiner is revealing Trump has confirmed a new round of sanctions on Iran's "shadow fleet" of oil tankers used to deliver its oil to overseas customers and return with piles of cash.

The sanctions were announced Monday by the office of Foreign Assets Control in the Treasury Department along with the State Department and are just a part of Trump's restored "maximum-pressure" efforts to cut Iran's access to cash, in order to reduce its sponsorship of terror, which in recent years has included Hezbollah in Lebanon and Hamas in Gaza.

"Iran continues to rely on a shadowy network of vessels, shippers, and brokers to facilitate its oil sales and fund its destabilizing activities," explained a statement from Scott Bessent, the U.S. treasury secretary.

"The United States will use all our available tools to target all aspects of Iran's oil supply chain, and anyone who deals in Iranian oil exposes themselves to significant sanctions risk."

The administration has placed sanctions on more than 30 people and vessels in Iran, the United Arab Emirates, Hong Kong, India and China, the report said.

"This includes Hong Kong-based oil broker Petronix Energy Trading Limited, which the Treasury Department said used two shadow tankers under Panama and Cook Islands flags to transport hundreds of thousands of metric tons of Iranian crude," the report said.

Entities based in Malaysia and Seychelles also were listed.

What the move means is that those people and groups are blocked from the U.S. financial system, halting access to property and interests in America.

The report said such ships are "dark fleets," which ship Iranian oil to customers under the radar.

The Trump administration has set a goal of limiting Iran's oil production and sales to 100,000 barrels a day, when that figure of late has been 1.6 million barrels a day.

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