Treasury Slaps Sanctions on Syrian Company Funneling Hundreds of Millions to Iran

"Most of the 11 oil tankers involved in the scheme were previously identified by the United Against Nuclear Iran advocacy group as part of Iran’s “ghost fleet” of sanctions-evading oil tankers. One of the questions that the incoming Trump administration will face is whether and how to increase economic pressure on Iran’s oil smuggling network and the refineries in China that purchase Iranian petroleum."