ReferIndia News UPDATE 3-UK sanctions Iranian oil magnate and four companies

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UPDATE 3-UK sanctions Iranian oil magnate and four companies

Published on: Aug. 21, 2025, 9:52 p.m. | Source: Devdiscourse

The United States, which sanctioned Shamkhani last month, said he controls a vast network of container ships and tankers through a complex web of intermediaries that sell Iranian and Russian oil and other goods throughout the world. Some of the companies sanctioned by Britain on Wednesday were cited for acting on behalf of or at the direction of Shamkhani, who is accused of aiding Iran's overseas operations.

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