Report
US sanctions Greece- and Panama-based law firm over alleged ties to Iranian shipping
Reuters reports Treasury said Karnakis & Karnakis had provided legal assistance to Iranian shipping networks for years.
TLDR
Al-Monitor reports the US Treasury sanctioned Karnakis and Karnakis on October 21, saying the law firm registered companies that own vessels in Iran’s so-called shadow fleet. The department also sanctioned five people tied to the firm and a ship-management company operating seven Panama-flagged cargo vessels.
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