Quick Review of Post-JCPOA Iran Designations: Transportation Sector in Focus | Kharon The Kharon Brief

Quick Review of Post-JCPOA Iran Designations: Transportation Sector in Focus

In its November 2018 post-JCPOA sanctions against Iran, the US Department of the Treasury relisted dozens of companies affiliated with the Islamic Republic of Iran Shipping Lines (IRISL). (image via Israel Defense Forces)

 

 

 

 

Over 700 entities, individuals, vessels, and aircrafts were designated by the United States in November 2018 pursuant to the withdrawal of the Joint Comprehensive Plan of Action (JCPOA) with Iran. The sanctions mark the largest ever action by Washington against Iran.

Of the over 700 actors, a little more than 200 are newly listed entities that largely include Iran Air aircrafts, front companies and vessels of the Islamic Republic of Iran Shipping Lines (IRISL) and National Iranian Tanker Company (NITC), subsidiaries of already-sanctioned Iranian banks, and companies belonging to the Execution of Imam Khomeini’s Order, which manages the commercial holdings of Iran’s leadership.