Ghost Fleet

The US Department of the Treasury has announced new sanctions on Chinese and Hong Kong companies allegedly helping build Iranian military drones.  The latest sanctions were described as part of President Donald Trump’s “maximum pressure campaign on Iran.” Six entities operating out of China and Hong Kong were sanctioned for reportedly supplying critical components of […]

President Donald Trump’s Treasury Department, led by Treasury Secretary Scott Bessent, has announced a series of measures tightening sanctions on Iran’s illicit oil sales via its ‘Ghost Fleet.’ Iran has recently expanded efforts to circumvent US-imposed oil exports by covertly shipping Iranian oil through a network of foreign tankers colloquially referred to as Iran’s  ‘Ghost […]