21-07-2025
EU Sanctions Iranian Oil Tycoon for Role in Russian Trade
The European Union sanctioned a prominent Iranian oil trader and several of his companies, part of its latest round of measures targeting Russia over its war against Ukraine.
Hossein Shamkhani, whose father is a senior adviser to Supreme Leader Ayatollah Ali Khamenei, was added to the bloc's sanctions list for his role in the Russian oil trade and as 'a central player' in the country's so-called 'shadow fleet,' the EU said. It also named his Dubai-based firms Admiral Group and Milavous Group Ltd.
