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U.S. Imposes Sanctions on Greek Shipping Firm for Aiding Iranian Oil Transport

Sanctions serve as a tool for states to exert political and economic pressure across borders, often...
Key Metrics

10.87

Heat Index
  • Impact Level
    Medium
  • Scope Level
    National
  • Last Update
    2025-08-21
Key Impacts
Positive Impacts (3)
Brent Crude Oil
WTI Crude Oil
Global Oil & Gas Upstream Equities (e.g., U.S. shale producers)
Negative Impacts (3)
Baltic Dirty Tanker Index (BDTI)
Greek Shipping Equities
Marine Insurance & Re-insurance Industry
Total impacts: 7 | Positive: 3 | Negative: 3
Event Overview

Sanctions serve as a tool for states to exert political and economic pressure across borders, often targeting entities accused of violating international regulations. Actions against companies facilitating restricted trade reflect ongoing struggles over enforcement, compliance, and circumvention. These measures highlight broader geopolitical contests, the complexities of international finance, and efforts to disrupt alternative networks that challenge sanction regimes.

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United States Sanctions Greek Shipping Company for Assisting Iranian Oil Transport
2025-08-22 01:58

The U.S. Treasury Department has imposed sanctions on a Greek shipping company accused of assisting in the transport of Iranian oil. Antonios Margaritis, along with a series of companies under his control in Greece and the Marshall Islands, have been added to the sanctions list. This action expands the Trump administration’s maximum pressure campaign against Tehran and targets what it calls Iran's "shadow fleet." The move comes weeks after the U.S. Treasury's largest sanctions action against Iran in seven years, which had targeted a network controlled by oil tycoon Hossein Shamkhani, whose father is a senior advisor to Iran’s Supreme Leader Ali Khamenei.

Total records: 1
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