US Targets Iranian Shadow Fleet Operator with Sanctions

The US Treasury has accused Mohammad Hossein Shmakani of running an oil smuggling network that generated billions for Iran despite sanctions.

• The US Treasury stated that Shmakani played a pivotal role in providing billions of dollars to the Iranian government under sanctions.
• Washington accused Shmakani of operating one of the largest Iranian and Russian oil smuggling networks, known as the "shadow fleet."
• The US has conducted military operations against Iran since February 28, 2026, with periods of escalation and intermittent calm.
• The Treasury imposed sanctions on over 50 individuals, entities, and vessels linked to the network, raising the total sanctioned to over 200.