Current Affairs
Economic Fury Tightens Stranglehold on Iranian Dark Fleet
On June 2, the US Treasury's OFAC designated Iran's leading crypto trader Nobitex and three other major firms (Wallex, Bitpin, Ramzinex), complicating Iranian dark-fleet financial transactions and oil-trading activities. OFAC estimates Nobitex processed more than 50 percent of all Iranian digital asset inflows in 2025. The designation follows earlier sanctions on the Hossein Shamkhani trading network (April 15) and Babak Zanjani business empire (January 30), with the US Treasury claiming it has already frozen nearly $500 million in regime-linked cryptocurrency.
