Bloomberg: Shamkhani\u2019s Son\u2019s Influence in the International Banking System<\/a><\/p>\n<\/blockquote>\nIn addition to Shamkhani, his Dubai-based companies, including Admiral Shipping Group and Milavous Group, were targeted by the new sanctions.<\/p>\n
The UK also sanctioned Ocean Leonid Investments, an investment firm based in London, which plays a key role in Hossein Shamkhani\u2019s economic empire.<\/p>\n
Additionally, Petrochemical Commercial Company, one of the Iranian regime\u2019s financial arms in the international arena, was added to the sanctions list.<\/p>\n
These sanctions come amid growing concerns over increasing threats attributed to the Iranian regime inside the UK.<\/p>\n
On August 19, Conservative MP Bob Blackman warned that \u201cagents of Tehran\u2019s ayatollahs\u201d roam the streets of Britain, threatening citizens and targeting opponents of the Iranian regime.<\/p>\n
The UK government further stated in its announcement that it will continue to hold Iran accountable, and today\u2019s sanctions are a decisive step in this direction.<\/p>\n
According to UK sanctions regulations, all assets and economic resources of the sanctioned individuals and entities must be frozen, and no person or entity is allowed to engage in direct or indirect financial dealings with them.<\/p>\n
Sanctions on Shamkhani by the US and the EU<\/p>\n
Earlier, on July 30, the United States announced sanctions against Hossein Shamkhani and parts of his \u201cvast shipping empire.\u201d<\/p>\n
This package included 50 individuals and entities, along with more than 50 vessels, making it Washington\u2019s largest sanction action against Tehran since 2018.<\/p>\n
The US Treasury Department\u2019s statement said that Hossein Shamkhani, leveraging his father\u2019s influence at the highest levels of the Iranian regime and through extensive corruption, built and operated a large fleet of oil tankers and cargo ships.<\/p>\n
US Treasury Secretary Scott Bessent said in this regard that the Shamkhani family\u2019s shipping empire shows how the Iranian regime\u2019s elites exploit their positions to amass vast wealth and finance the regime\u2019s dangerous activities.<\/p>\n
Ali Shamkhani himself had already been sanctioned by the US in 2020.<\/p>\n
Less than two weeks after the beginning of Donald Trump\u2019s second presidential term, a new round of the \u201cmaximum pressure\u201d campaign against the Iranian regime was launched.<\/p>\n
In the first 100 days, the Trump administration imposed a total of 17 rounds of sanctions related to the Iranian regime, targeting 40 individuals, 117 companies and entities, and 77 oil tankers.<\/p>\n
On July 21, the European Union also sanctioned Hossein Shamkhani and several of his affiliated companies for their key role in Russian oil trade and their involvement in the country\u2019s clandestine oil fleet, known as the \u201cshadow fleet.\u201d<\/p>\n
In January 2025, Bloomberg reported that Hossein Shamkhani and several of his associates obtained Dominican Republic citizenship through its investment-for-passport program in order to gain access to the international banking system.<\/p>\n","protected":false},"excerpt":{"rendered":"The British government, in coordination with the United States and the European Union, sanctioned Hossein Shamkhani, son of…\n","protected":false},"author":2,"featured_media":366281,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[748,393,4884,1144,712,16,15,1764],"class_list":{"0":"post-366280","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uk","8":"category-united-kingdom","9":"tag-britain","10":"tag-england","11":"tag-great-britain","12":"tag-northern-ireland","13":"tag-scotland","14":"tag-uk","15":"tag-united-kingdom","16":"tag-wales"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115075968056076121","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/366280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=366280"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/366280\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/366281"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=366280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=366280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=366280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}