Shipping Management Firm
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Designated; linked to four tankers carrying Iranian petroleum products in 2025
Treasury's December 2025 shadow fleet designations opened a campaign that turned into war. The U.S. and Israel launched Operation Epic Fury on February 28, 2026, hitting Iran's nuclear and military sites; Treasury ran a parallel 'Economic Fury' financial campaign. On June 17, Trump and Pezeshkian signed the Islamabad Memorandum, and OFAC issued General License X five days later, authorizing Iranian oil transactions through August 21.
Updated Aug 25
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