As the incoming Trump administration sets the stage for its foreign policy agenda, the maritime industry is bracing for the potential ripple effects of renewed U.S.-Iran tensions. President-elect Donald Trump’s…
Iran Sanctions
China Foreign Ministry Not Aware of Shandong Port Group Ban on Sanctioned Ships
China’s foreign ministry said on Wednesday it was not aware of Shandong Port Group’s decision to ban U.S.-sanctioned vessels from its network of east coast harbors.
Iran’s Oil Exports Soar to 587M Barrels, Led by China’s Thirst
Despite tightening Western sanctions, Iran’s oil exports reached 587 million barrels in 2024, marking a significant 10.75% increase from the previous year, with China emerging as the dominant buyer, according…
https://gcaptain.com/irans-oil-exports-soar-to-587m-barrels-led-by-chinas-thirst/
U.S. Treasury Targets Iran’s Shadow Fleet with New Sanctions
The United States Department of the Treasury has announced new sanctions targeting four entities and three vessels involved in Iran’s petroleum and petrochemical trade, part of ongoing efforts to curtail…
https://gcaptain.com/u-s-treasury-targets-iras-shadow-fleet-with-new-sanctions/
Iranian Oil Prices to China Hit New Multi-year Highs as Sanctions Hit Shipping
The price of Iranian crude oil sold to China has risen to the highest in years as fresh U.S. sanctions have tightened shipping capacity and driven up logistics costs, trade sources and analysts said.
https://gcaptain.com/iranian-oil-prices-to-china-hit-new-multi-year-highs-as-sanctions-hit-shipping/
U.S. Imposes Sweeping Sanctions on Shadow Fleet Moving Iranian Oil
The United States has imposed sanctions on 35 entities and vessels involved in transporting Iranian oil to international markets, as part of a major crackdown on Iran’s petroleum trade network….
https://gcaptain.com/u-s-imposes-sweeping-sanctions-on-shadow-fleet-moving-iranian-oil/
Iran Braces for Trump Reset With Economy Buckling From Sanctions
When Donald Trump first entered the White House in 2017, Cyrus Razzaghi was running an Iranian business consultancy, advising US, Japanese and European companies about how to grab opportunities in a market emerging from years of economic isolation.
https://gcaptain.com/iran-braces-for-trump-reset-with-economy-buckling-from-sanctions/
Iran Rejects European and British Sanctions on Its Shipping Lines as ‘Unjustified’
New EU and British sanctions are based on false claims of missile transfers to Russia and are “unjustified,” Iran Foreign Ministry spokesperson Esmaeil Baghaei said on Tuesday.
UK Tightens Grip on Iran with New Sanctions Targeting Shipping and Aviation Sectors
The UK government on Monday announced a new round of sanctions targeting key Iranian entities in the shipping and aviation sectors, part of a broader international effort to disrupt the…
EU Tightens Grip on Iran: New Sanctions Target Shipping Routes, IRISL in Response to Russia Support
The European Union has expanded its sanctions framework to curb Iran’s military support to Russia, focusing on disrupting key shipping routes and component transfers The development marks a crucial step…