THE MARITIME EXECUTIVE | Sweeping U.S. sanctions against Iranian shipping interests have gone into effect six months after the Trump Administration announced its intention as part of its ongoing efforts to pressure the Iranian government. According to U.S. Secretary of State Mike Pompeo, the action is targeted at “WMD proliferators and their supporters.”
The U.S. Government has increasingly been seen as going after shipping interest as a means of pressuring rogue governments. Recently, the U.S. sanctioned a series of tankers and operators for dealing with the Venezuelan government. Angered by the recent Iran – Venezuela gasoline deal, The Wall Street Journal is now reporting that the State Department is considering sanctions on up to 50 additional tankers for dealings with the Venezuelan oil industry.
To read the full article, click here.