U.S. Treasury sanctions several shipping firms and nine vessels linked to Iran’s oil shipments

True

Evidence from credible sources supports the statement as accurate. Learn more in Methodology.

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enforcement

OFAC's public sanctions listings (e.g., the SDN list or OFAC recent actions page) include the named companies and vessels as designated/blocked persons or blocked property.

Source summary
On January 23, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated nine vessels and eight companies it says are part of Iran’s "shadow fleet" that transported hundreds of millions of dollars of Iranian oil and petroleum products. The action, taken under Executive Order 13902 and linked to the administration's NSPM-2 policy, identifies those vessels as blocked property and prohibits U.S. persons from transacting with them without OFAC authorization. Treasury said the revenue from these shipments funds Iran’s regional proxies, weapons programs, and security services rather than public services for the Iranian people.
Latest fact check

The U.S. Department of the Treasury press release SB0370 (January 23, 2026) states that OFAC designated eight companies operating in Iran’s petroleum sector and identified nine vessels as blocked property under Executive Order (E.O.) 13902, listing the companies and vessels by name. Reuters’ Jan. 23, 2026 report corroborates the action, reporting that the U.S. imposed sanctions on nine vessels of the shadow fleet and eight related firms on that date. Verdict: True — the primary Treasury/OFAC press release, corroborated by Reuters, confirms the eight company designations and nine vessel identifications on January 23, 2026 pursuant to E.O. 13902.

Timeline

  1. Update · Jan 23, 2026, 11:32 PMTrue
    The U.S. Department of the Treasury press release SB0370 (January 23, 2026) states that OFAC designated eight companies operating in Iran’s petroleum sector and identified nine vessels as blocked property under Executive Order (E.O.) 13902, listing the companies and vessels by name. Reuters’ Jan. 23, 2026 report corroborates the action, reporting that the U.S. imposed sanctions on nine vessels of the shadow fleet and eight related firms on that date. Verdict: True — the primary Treasury/OFAC press release, corroborated by Reuters, confirms the eight company designations and nine vessel identifications on January 23, 2026 pursuant to E.O. 13902.
  2. Original article · Jan 23, 2026

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