BR100 Increased By (0.81%)
BR30 Increased By (1.07%)
KSE100 Increased By (0.57%)
KSE30 Increased By (0.59%)
BECO 5.95 Increased By ▲ 0.18 (3.12%)
BML 53.08 Increased By ▲ 0.08 (0.15%)
BOP 34.39 Increased By ▲ 0.40 (1.18%)
CNERGY 8.13 Increased By ▲ 0.02 (0.25%)
DCL 12.36 Increased By ▲ 0.16 (1.31%)
FCCL 53.53 Increased By ▲ 0.70 (1.33%)
FCSC 5.25 Increased By ▲ 0.18 (3.55%)
FFL 18.07 Increased By ▲ 0.12 (0.67%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 10.84 Decreased By ▼ -0.04 (-0.37%)
KEL 8.15 Increased By ▲ 0.13 (1.62%)
KOSM 5.50 Decreased By ▼ -0.02 (-0.36%)
MLCF 87.65 Increased By ▲ 1.14 (1.32%)
NBP 187.00 Increased By ▲ 1.84 (0.99%)
PACE 10.73 Increased By ▲ 0.15 (1.42%)
PAEL 39.90 Increased By ▲ 0.48 (1.22%)
PIAHCLA 26.15 Decreased By ▼ -0.07 (-0.27%)
PIBTL 17.10 Increased By ▲ 0.43 (2.58%)
PPL 229.95 Increased By ▲ 1.77 (0.78%)
PRL 34.89 Increased By ▲ 0.21 (0.61%)
PTC 67.60 Increased By ▲ 2.27 (3.47%)
SEARL 91.30 Increased By ▲ 1.17 (1.3%)
SSGC 26.90 Increased By ▲ 0.30 (1.13%)
TELE 8.75 Increased By ▲ 0.47 (5.68%)
THCCL 59.00 Increased By ▲ 0.50 (0.85%)
TPLP 8.73 Increased By ▲ 0.51 (6.2%)
TREET 24.71 Increased By ▲ 0.18 (0.73%)
TRG 70.13 Increased By ▲ 0.42 (0.6%)
WAVES 10.04 Increased By ▲ 0.10 (1.01%)
WTL 1.29 Increased By ▲ 0.01 (0.78%)
World

US imposes sanctions on Iran ‘shadow fleet’ over protest crackdown

  • The Treasury Department took aim at nine vessels and their respective owners or management firms, which US officials said
Published January 24, 2026 Updated January 24, 2026 12:21am
By

WASHINGTON: The United States unveiled sanctions Friday targeting Iran’s “shadow fleet” said to be supporting the country’s oil exports, as Washington steps up pressure over the government’s crackdown on protesters.

The Treasury Department took aim at nine vessels and their respective owners or management firms, which US officials said “collectively transported hundreds of millions of dollars’ worth of Iranian oil and petroleum products to foreign markets.”

The department charged that revenue from these products is being diverted to fund “regional terrorist proxies, weapons programs, and security services.”

The move comes as a US-based rights group said that it had confirmed the deaths of more than 5,000 people during protests that swept Iran, adding that most of them were demonstrators targeted by security forces.

READ MORE: US imposes sanctions on Iran over crackdown on protesters

A fortnight of protests starting in late December shook Iran’s clerical leadership under supreme leader Ayatollah Ali Khamenei. But the movement has petered out in the face of a crackdown that activists say killed thousands, accompanied by an unprecedented internet blackout.

NGOs tracking the effects of the crackdown have said their work has been hampered by a now two-week internet shutdown, warning that confirmed figures are likely to be far below the actual toll.

The US Treasury’s targets unveiled Friday included firms based in the United Arab Emirates, India and Oman.

“Today’s sanctions target a critical component of how Iran generates the funds used to repress its own people,” US Treasury Secretary Scott Bessent said in a statement.

“Treasury will continue to track the tens of millions of dollars that the regime has stolen and is desperately attempting to wire to banks outside of Iran,” he added.

In a separate statement, the US State Department added that “this latest action will further restrict Iran’s ability to export petroleum and petroleum products through obscure and fraudulent mechanisms.”

This is also aimed at further constraining “its ability to bankroll the repression of Iranians and international malign behavior,” State Department spokesman Tommy Pigott said.

Comments

200 characters remaining