Alexander Zalivako

2025.12.18 – US E.O. 13902 (Iranian petroleum and petrochemical sanctions) designations

Attached is the press release. It relates to the designation of vessels and companies operating in the Iranian petroleum sector. The designation also specifically included UAE-based Egyptian shipping businessman Hatem Elsaid Farid Ibrahim Sakr (Sakr) owns and operates multiple companies, including UAE-based Red Sea Ship Management LLC and High Seas Petroleum LLC, formerly known as Petrofleet Energy Trading LLC.

License S was issued under EO 13902 permitting certain limited operations with designated vessels.

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