The sanctions and a US blockade of Iranian ports have forced Tehran to halt both the loading and offloading of oil tankers. Washington estimates that approximately 20 million barrels of crude oil remain aboard vessels outside the blockade, targeting a network that Iran relies on to move billions of dollars of fuel to foreign markets.
Tuesday, October 20, 2026
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US Neutralizes Iran's Shadow Fleet by Sanctioning 17 Tankers
Geopolitics12 days ago
Iranian oil shipments have stopped as the US Treasury targeted the remnants of the regime's clandestine shipping network, according to agency officials. Under a program called Operation Economic Outcast, the US sanctioned 17 vessels transporting crude oil, petroleum products and petrochemicals, an action officials say effectively neutralizes the vast majority of Iran's remaining shadow fleet.
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