The U.S. Department of the Treasury's Office of Foreign Assets Control sanctioned more than 30 individuals, entities, and vessels on Wednesday, targeting Iran's shadow fleet of oil tankers and networks procuring materials for ballistic missiles and advanced conventional weapons.

The action focuses on 12 vessels and their owners or operators, which have collectively shipped hundreds of millions of dollars worth of Iranian petroleum products, including liquefied petroleum gas, heavy fuel oil, condensate, and naphtha, to markets in East Asia, Pakistan, Bangladesh, and Türkiye. These shipments generate revenue for the Islamic Revolutionary Guard Corps and Ministry of Defense and Armed Forces Logistics to fund domestic repression, terrorist proxies, and weapons development, according to the Treasury.

Vessels designated include the Panama-flagged HOOT (IMO 9267962), which carried hundreds of thousands of barrels of LPG; Barbados-flagged OCEAN KOI (IMO 9255933), responsible for millions of barrels of heavy fuel oil and condensate; and Iran-flagged ATEELA 1 (IMO 9548990) and ATEELA 2 (IMO 9549009). Owners such as Panama-based Poros Maritime Ventures S.A. and Marshall Islands-based Ocean Kudos Shipping Co Ltd were also hit under Executive Order 13902, which targets Iran's petroleum sector.

Separate designations address procurement networks supplying Iran's missile and weapons programs. Oje Parvaz Mado Nafar Company in Iran produces engines for Shahed-131 and Shahed-136 unmanned aerial vehicles. Turkish firms Utus Gumrukleme, Arya Global Gida, and Altis Tekstil facilitated payments and transfers totaling over $1 million for sensitive machinery and chemicals like sodium perchlorate, used in solid-fuel rocket motors. Four employees of Qods Aviation Industries, Mohammad Abedini, Mehdi Zand, Mehrdad Jafari, and Ebrahim Shariatzadeh, were sanctioned for supporting anti-armor cruise weapons and UAVs proliferated to Russia and Venezuela.

Treasury Secretary Scott Bessent stated, “Iran exploits financial systems to sell illicit oil, launder the proceeds, procure components for its nuclear and conventional weapons programs, and support its terrorist proxies.” He added that under President Trump’s leadership, “Treasury will continue to put maximum pressure on Iran to target the regime’s weapons capabilities and support for terrorism, which it has prioritized over the lives of the Iranian people.”

The State Department issued parallel sanctions on weapons procurement networks in Iran, Türkiye, and the United Arab Emirates, emphasizing the disruption of Iran's missile development and the denial of resources to the IRGC. Spokesperson Matthew Miller noted the regime's economic mismanagement and prioritization of proxies over citizens' needs, implementing National Security Presidential Memorandum 2.

These measures block U.S. property and prohibit transactions with the designated parties, with secondary sanctions risks for facilitators. They build on 2025's more than 875 Iran-related designations, part of a campaign to curb evasion tactics and force behavioral change.