On October 21, local time, the US Treasury website showed that the US imposed a new round of sanctions against Iran. The US Treasury issued a statement saying that as part of an “economic isolation operation,” the US Treasury imposed sanctions on law firms headquartered in Panama and Greece. The statement said that the law firm has been supporting Iran's illegal shipping activities for many years, indirectly helping Tehran obtain revenue and “funding Iran's military, weapons, and nuclear programs.” The statement pointed out that the US Treasury Department also sanctioned shipping agencies headquartered in Singapore and the United Arab Emirates on the same day, saying that these agencies directly assisted the operation of Iran's “shadow fleet.” The statement said that the action of the day also targeted a number of cargo ships generating revenue for Iran.

On October 21, local time, the US Treasury website showed that the US imposed a new round of sanctions against Iran. The US Treasury issued a statement saying that as part of an “economic isolation operation,” the US Treasury imposed sanctions on law firms headquartered in Panama and Greece. The statement said that the law firm has been supporting Iran's illegal shipping activities for many years, indirectly helping Tehran obtain revenue and “funding Iran's military, weapons, and nuclear programs.” The statement pointed out that the US Treasury Department also sanctioned shipping agencies headquartered in Singapore and the United Arab Emirates on the same day, saying that these agencies directly assisted the operation of Iran's “shadow fleet.” The statement said that the action of the day also targeted a number of cargo ships generating revenue for Iran.