OFAC imposed blocking sanctions on four individuals (two in UAE, two in Iran), 12 entities (four in UAE, one in China, one in Iran, five in Marshall Islands, one in Liberia), and six vessels (four flagged in Panama, one flagged in Palau, one flagged in St. Kitts and Nevis) under the Iran sanctions program, targeting two networks. The first is an LPG smuggling network that used UAE front companies to export Iranian-origin LPG to South and East Asia disguised as Omani LPG. The second is Iranian exchange house Mehrdad Geramian Nik and Partners Company, which moved hundreds of millions of dollars on behalf of sanctioned Iranian banks using overseas shell companies.