Karnakis and Karnakis

Force in Play

Designated by OFAC October 21, 2026, along with five associated individuals

Treasury's December 2025 designation of 29 tankers fed into a war. The U.S. and Israel launched Operation Epic Fury on February 28, 2026, and a June 17 memorandum signed at the G7 briefly reopened Iran's oil trade under General License X. That relief died on July 17, when the license's wind-down expired after IRGC attacks on three tankers.

Updated 6 days ago