Treasury Escalates Pressure on Iranian Regime for Killing Peaceful Protestors

OFAC targets shadow fleet vessels and facilitators supporting Iranian oil exports WASHINGTON—Today, amidst the Iranian regime’s brutal crackdown on peaceful protestors and its complete shutdown of internet access to conceal its abuses against the Iranian people, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is increasing pressure on the regime’s shadow fleet. OFAC is targeting nine shadow fleet vessels and their respective owners or management firms that have collectively transported hundreds of millions of dollars’ worth of Iranian oil and petroleum products to foreign markets. This revenue, which rightfully belongs to the Iranian people, is instead diverted to fund its regional terrorist proxies, weapons programs, and security services, instead of the basic economic services the Iranian people have bravely demanded.