US sanctions Dubai shipowner and over two dozen tankers ahead of Iran talks

Lloyd's List

Claire Jungman, chief of staff at advocacy group United Against Nuclear Iran, said Ofac’s focus on the role that smaller tankers play in Iran’s oil trades, as well as its targeting of an Indian businessman, were notable.

“This is one of the first times Ofac has drawn attention to how handysize vessels are used in prolonged ship-to-ship transfers to build up a single export cargo — revealing the sheer complexity and patience behind Iran’s smuggling operations,” she told Lloyd’s List.