More than 50 vessels are targeted by the sanctions, which the Treasury Department described as belonging to Mohammad Hossein Shamkhani’s son, senior political adviser to Iran’s Supreme Leader Ayatollah Ali Khamenei, who is also the son of a senior political adviser to the country’s president, according to the Treasury Department.
The Treasury , Department said in a statement that the sanctions package represents a “massive action” against an Iranian family network that “transports oil and petroleum products from Iran and Russia, as well as other cargo, to buyers around the world. It generates tens of billions of dollars in profit.
Treasury Secretary Scott Bessent cited the Shamkhani family’s shipping empire as evidence of how the Iranian regime’s elites use their positions to control the country’s dangerous behavior.
The sanctions against 115 people, entities, and vessels, according to Bessent, are “the largest to-date since the Trump Administration implemented our campaign of maximum pressure on Iran.”
According to the Iranian Ministry of Foreign Affairs, the new sanctions “are a clear illustration of America’s hostility toward Iran,” according to a representative from Student News Network.
The Shamkhani family, which is the father of Hossein and an advisor to Supreme Leader Khamenei, owns exclusive properties all over the world and has obtained foreign passports, which allow them to “travel undetected” to conduct business overseas, as stated in a US Treasury statement.
The department claimed that “leaders of front companies with an innocent appearance and no obvious connection to Hossein’s network” make it possible for them to make sizable profits while avoiding being subjected to scrutiny outside.
According to the Reuters news agency, the new sanctions target 15 shipping companies, 52 vessels, 12 individuals, and 53 organizations involved in sanctions evasion in 17 nations, including Hong Kong, Italy, Panama, and Italy, respectively.
Iran’s sale of its oil would be “much more difficult,” a US official told the news agency, adding that the US administration did not anticipate any significant disruption to global oil markets.
Iran’s oil is most frequently purchased by China.
Iranian Foreign Minister Abbas Araghchi predicted a strong response from any new aggression against Iran following the recent announcement of sanctions.
Araghchi responded to Donald Trump’s tweets on social media on Monday, warning that Iran would face new attacks if its nuclear program was restarted.
Iran, a country with a rich culture dating back to the seventh and a half centuries of civilization, will never use the language of intimidation and threat. Iranians have never bowed down in front of foreigners, only showing respect, according to Araghchi on X.
“Iran is fully aware of what occurred during the recent American-Israeli hostage situation, both internally and externally, as well as the severity of the censored blows that have been dealt. We won’t hesitate to act more decisively and covertly if the aggression is repeated,” he said.
No one in their right mind would ignore the benefits of significant investment in domestically developed, peaceful technology that is saving lives, he added, “pursuant to the demand for bullying from foreigners.”
Iran, a country with a rich culture dating back to the ages of civilization, will never speak out against intimidation and threat. Iranians have never bowed down to foreigners and only show respect to them.
Iran is well-versed in recent events.
Source: Aljazeera
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