The US Department of Treasury levied new Iran-specific counterterrorism sanctions against the UAE-based Oceanlink Maritime DMCC and its vessels on April 4, 2024, referring to its role in shipping commodities on behalf of Iran’s military.
The US is employing financial sanctions to isolate Iran and disrupt the Iranian ability to fund proxy groups and support Russia in its war in Ukraine, the Treasury Department declared.
The UAE-based Oceanlink manages a fleet of over a dozen...