The United States has launched one of its most aggressive crackdowns yet on Iran’s clandestine oil trade, blacklisting a web of companies, intermediaries, and tankers that Washington says bankroll Tehran’s armed forces.

Announced overnight by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), the sanctions target entities across the UAE, Panama, Liberia, India, Germany, and Greece, as well as six vessels linked to a complex international network that officials say has helped Iran move billions of dollars in crude through the so-called shadow fleet.

Newsweek has contacted the Treasury Department and Iran's Foreign Ministry for comment.

Why It Matters

The sanctions come amid heightened U.S.-Iran tensions and are part of the Trump administration’s "maximum-p

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