U.S. Expands Sanctions on Iranian Oil ‘Ghost Fleet’

The United States has expanded sanctions against Iran’s oil and petrochemicals sectors, including targeting ships and ship owners that have illicitly transported Iranian petroleum. The U.S. Treasury and State Department have designated several companies, based in Suriname, India, Malaysia, and China, for “knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran.” Suriname-based Strong Roots Provider NV, Suriname-based Glazing Future…