Storyline: The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) on Wednesday announced massive sanctions against some individuals, entities and vessels allegedly linked to an Iranian oil-shipping network. The package is designating "more than 50 individuals and entities and identifying more than 50 vessels," the Treasury Department said in a press release. This network transports oil and petroleum products from Iran and Russia, as well as other cargo, to buyers around the world, the press release noted. It is the largest Iran-related sanctions package since 2018. The over 115 sanctions issued on Monday are the largest to-date since the Trump Administration implemented our campaign of maximum pressure on Iran, according to U.S. Treasury Secretary Scott Bessent. The action was taken pursuant to Executive Order 13902, which targets those operating in certain sectors of the Iranian economy. It is also in furtherance of Treasury's implementation of National Security Presidential Memorandum 2, instituting a campaign of maximum economic pressure on Iran, said the press release. The U.S. Department of State is concurrently designating 20 entities and identifying 10 vessels as blocked property for their involvement in the trade and transport of Iranian petroleum and petrochemical products. Shotlist: FILE: Washington D.C., USA - October 2024: 1. Various of White House 2. Capitol building FILE: Tehran, Iran - Date Unknown: 3. Various of national flags of Iran, cityscape, traffic FILE: Tehran, Iran - March 2024: 4. Various of Azadi Tower FILE: Iran - Date Unknown: 5. Various of traffic, national flags of Iran FILE: Kharg Island, Iran - Feb 24, 2016: 6. Various of oil refinery 7. Oil tank FILE: Isfahan, Iran - Nov 9, 2023: 8. Various of oil refining facilities 9. Oil tanks FILE: Tehran, Iran - Oct 26, 2023 10. Various of containers, cranes at port. [Restrictions: No access Chinese mainland/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International TV]