UK targets Iranian oil magnate, four companies with asset freeze

Middle East News
21-08-2025 | 07:42
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
print
UK targets Iranian oil magnate, four companies with asset freeze
Whatsapp
facebook
Twitter
Messenger
telegram
print
0min
UK targets Iranian oil magnate, four companies with asset freeze

Britain imposed sanctions on one individual and four entities on Wednesday under its Iran sanctions regime, saying they are part of a network that supports Tehran's overseas activities, including in Ukraine and Israel.

The sanctions include an asset freeze on Iranian oil magnate Hossein Shamkhani, and on four companies operating in the shipping, petrochemical and financial sectors, according to a government notice published online.

Britain said the network had facilitated hostile activity by the Iranian government, including efforts to destabilize the UK and other countries.

Some of the companies were cited for acting on behalf of or at the direction of Shamkhani, who is accused of aiding Iran's overseas operations. Shamkhani was also sanctioned by the United States last month.

The sanctions freeze any UK-based assets and bar British individuals and businesses from dealing with the designated parties.


Reuters
 

Middle East News

UK

Target

Iran

Oil

Magnate

Sanctions

Companies

Asset

Freeze

LBCI Next
Israel is committing genocide in Gaza, scholars' association says
Recommended For You
d-none hideMe
LBCI
Middle East News
08:36

Buses carrying Palestinian prisoners arrive in Gaza's Khan Yunis: AFP

LBCI
Middle East News
08:32

Trump urges pardon for Netanyahu over corruption charges during Knesset speech

LBCI
Middle East News
08:09

Trump says Palestinians should turn away from 'terror'

LBCI
Middle East News
08:03

Trump tells Israeli lawmakers 'jihadism and antsemitism' have failed

Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
LBCI
News Bulletin Reports
2025-10-10

Beirut Souks reopen after five years of crisis — a boost for the capital’s economy

LBCI
Lebanon News
07:37

Lebanese President says 'necessary to negotiate' with Israel

LBCI
Israel-Gaza War Updates
04:08

Hamas handed over all 20 living Israeli hostages to the Red Cross: Public broadcaster

LBCI
Middle East News
03:18

Syrian Kurdish leader tells AFP preliminary agreement reached to merge forces with Damascus

Videos
d-none hideMe
LBCI
Lebanon News
2025-10-04

Meet Miss Lebanon 2025 contestants: Video

LBCI
Lebanon News
2025-10-03

Series of Israeli airstrikes spark massive fire in southern Lebanon

LBCI
Lebanon News
2025-09-07

Lunar eclipse captivates Lebanon: watch the stunning video

Most read
d-none hideMe
24 hours
7 days
Month
LBCI
Lebanon News
11:00

Lebanon’s FM directs urgent UN complaint against Israel

LBCI
News Bulletin Reports
13:00

Countdown to Trump visit: Hamas seeks detainee release, Israel stands firm

LBCI
News Bulletin Reports
13:05

Syrian detainees in Lebanon: Legal hurdles shape possible returns

LBCI
Middle East News
04:30

Trump hails ‘great honor’ as he signs Knesset guest book

LBCI
Lebanon News
07:37

Lebanese President says 'necessary to negotiate' with Israel

LBCI
Israel-Gaza War Updates
23:21

Palestinian journalist Saleh Al Jafarawi killed in clashes in southern Gaza City

LBCI
Middle East News
07:35

Knesset protest briefly interrupts Trump speech

LBCI
Israel-Gaza War Updates
10:41

Hamas insists seven Palestinian leaders be freed in hostage-prisoner swap: AFP

Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
Download now the LBCI mobile app
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More