US Targets Iran ‘Shadow Fleet’ Operations With More Sanctions

WASHINGTON, April 10 (Reuters) – The United States issued new sanctions targeting Iran‘s “shadow fleet” on Thursday, citing one individual and India- and United Arab Emirates-based groups whose vessels have transported Iranian oil. The Treasury Department cited United Arab Emirates (UAE)-based Indian national Jugwinder Singh Brar, who owns shipping companies with a fleet of nearly 30 vessels. “Brar’s vessels engage in high-risk ship-to-ship (STS) … Continue reading US Targets Iran ‘Shadow Fleet’ Operations With More Sanctions