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Tue · 27 Oct 2026

US Sanctions Law Firm and Nine Vessels in Iran Shadow Fleet Crackdown

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US Sanctions Law Firm and Nine Vessels in Iran Shadow Fleet Crackdown

⚖️ OFAC — The firm registered the ships; Treasury just named the firm. 📌 LOOK CLOSER: Operation Economic Outcast now targets the legal layer behind Iran's shadow fleet — not just ships. Karnakis & Karnakis provided Panama and Greece corporate cover; sanctioning the registrar closes the shell-company valve. With Iran's toman at record lows and $25B in exports blocked, this tightens the financial vice days before November 5.

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