US Sanctions Target Iranian Oil Network to China
- The US Treasury’s Office of Foreign Assets Control sanctioned twelve entities linked to Iranian oil sales to China.
- Three senior officials from the IRGC’s Shahid Purja’fari Oil Headquarters were named: Ahmad Mohammadi Zadeh, Samad Fathi Salami, and Mohammadreza Ashrafi Ghehi.
- Nine companies, including Hong Kong Blue Ocean Limited and Ocean Allianz Shipping LLC, were involved in managing oil shipments worth tens of millions of dollars in 2025.
- Golden Globe, previously sanctioned, is connected to these individuals and handled hundreds of millions annually.
- No direct connections to crypto or blockchain protocols were found for these entities.
The US sanctions aim to disrupt a network funneling Iranian oil to China, involving key figures from the IRGC and several companies. Despite previous actions against Golden Globe, operations persisted. No crypto ties were identified in this case.
Source (3.2)https://cryptobriefing.com/us-sanctions-iranian-oil-china-entities/?rand=59535
