The U.S. Treasury Department announced sanctions on 17 vessels and related companies involved in transporting Iranian crude oil, petroleum products and petrochemicals to markets in South and East Asia. The action, taken under Executive Order 13902 as part of Operation Economic Outcast, targets what Treasury described as the remaining core of Iran’s shadow fleet and its global support network. Treasury said the measures neutralize most of the network and are intended to restrict revenue that Tehran uses for war, missile construction, cyberattacks and the Islamic Revolutionary Guard Corps. The designations increase pressure on Iranian oil sales after the U.S. reimposed a blockade of Iranian ports on July 14 following the breakdown of a memorandum of understanding between Tehran and Washington. Treasury said Iran has about 20 million barrels of crude on vessels outside the blockade, compared with global oil consumption of roughly 100 million barrels a day. The action also removed the HAKUNA MATATA and PINOCCHIO from the SDN List after their sale to non-sanctioned or U.S.-aligned operators.