The United States on Friday announced new sanctions targeting Iran’s oil and petrochemical trade, hours after indirect talks between Tehran and Washington concluded in Oman.The move came even as both sides signalled willingness to continue negotiations aimed at easing tensions over Iran’s nuclear programme.
The sanctions, unveiled by the US State Department, target 15 entities and 14 vessels linked to Iran’s “shadow fleet,” which is used to transport petroleum, petroleum products and petrochemicals in violation of international restrictions, according to Reuters.In a statement, State Department spokesperson Tommy Pigott said that the measures were part of the Trump administration’s renewed pressure campaign against Tehran. “President Donald Trump is committed to driving down the Iranian regime’s illicit oil and petrochemical exports under the administration’s maximum pressure campaign,” Pigott said.The United States said that the fresh sanctions were aimed at cutting off revenue streams that Tehran uses to fund repression at home and destabilising activities abroad. Pigott accused Tehran of prioritising repression and regional destabilisation over domestic welfare. “Instead of investing in the welfare of its own people and crumbling infrastructure, the Iranian regime continues to fund destabilizing activities around the world and step up its repression inside Iran,” he said.Warning of continued pressure, he added: “So long as Iranian regime attempts to evade sanctions and generate oil and petrochemical revenues to fund such oppressive behavior and support terrorist activities and proxies, the United States will act to hold both the Iranian regime and its partners accountable.”Among the entities sanctioned by the United States is an India-based firm involved in managing a vessel accused of transporting Iranian petroleum products in violation of international restrictions.According to the US State Department, Elevate Marine Management Private Limited (ELEVATE), an Indian commercial shipping management company, served as the commercial manager of the BENEDICT, a Cameroon-flagged crude oil tanker. The vessel is alleged to have transported Iranian petroleum products on at least three occasions between September and November 2025.Akash Anant Shinde is an Indian national and director of Elevate Marine Management Private Limited. The announcement came shortly after Iranian and US officials wrapped up a day of indirect negotiations in Muscat, mediated by Oman. The talks were described as constructive by TehranIran’s foreign minister Abbas Araghchi, speaking after the talks, struck a cautiously optimistic tone, calling the discussions “a good start.”“If we can go along with this positive path, I can say that we can reach a positive framework regarding the nuclear talks between Iran and the US,” Araghchi told reporters.He said both sides had agreed to continue discussions after further consultations in their respective capitals.“Our concerns were conveyed, as well as our interests and the rights that the Iranian people have. It was conveyed in a very good atmosphere, and the views of the other side were also heard,” he added.According to Oman’s foreign ministry, foreign minister Badr al-Busaidi met separately with Araghchi and US Middle East envoy Steve Witkoff in Muscat. Footage later released by Oman’s state news agency showed US Navy Admiral Brad Cooper, head of US Central Command also present.The negotiations mark the first formal engagement since the United States joined Israel’s military action against Iran in June, during which US strikes damaged Iranian nuclear facilities.Israel also targeted Iran’s air defence systems and ballistic missile infrastructure. Since then, Washington has bolstered its military presence in the region, deploying additional warships, fighter jets and the aircraft carrier USS Abraham Lincoln.US officials have indicated that Washington wants the talks to go beyond Iran’s nuclear programme to include its missile capabilities and regional influence. Iran, however, has insisted that discussions remain limited.US Secretary of State Marco Rubio acknowledged the difficulty of the negotiations earlier this week, saying, “I’m not sure you can reach a deal with these guys, but we’re going to try to find out.”Tensions remain high as both sides weigh diplomacy against the risk of escalation. The US has recently shot down an Iranian drone near the USS Abraham Lincoln, while Iran has attempted to stop a US-flagged vessel in the Strait of Hormuz.Friday’s sanctions also follow similar measures imposed last month, when the US targeted vessels accused of moving hundreds of millions of dollars’ worth of Iranian oil.The Treasury Department has said that Iran’s shadow fleet plays a critical role in financing the regime, including its domestic crackdowns and regional activities.
