US Expands Iran Sanctions to Hit Insurers and Shadow Fleet Tankers

🛢️ SANCTIONS — New designations land while Oman's Hormuz formula still needs Tehran's yes. 📌 LOOK CLOSER: Targeting insurers closes the shadow fleet's last financial lifeline — no coverage means no port access globally. Timing matters: sanctions expansion during active mediation signals Washington is tightening the vice regardless of Thursday's address outcome. Tehran reads this as the US negotiating and strangling simultaneously. Oman's voluntary fee formula just got harder to sell.