Shanghai Xuanrun Shipping Company Limited

Shanghai Xuanrun Shipping Company Limited is a Chinese shipping company. It is newsworthy due to its alleged connection to the tanker 'Full Star,' which was sanctioned by the U.S. Treasury in 2023 for transporting or selling Iranian oil or chemical products. Recent news reports highlight the 'Full Star' traversing the Strait of Hormuz despite a U.S. naval blockade. The U.S. claims to have initiated the blockade on Monday. The company's alleged involvement in facilitating trade with Iran, a country under U.S. sanctions, makes it a subject of international attention and scrutiny. Its activities are relevant in the context of geopolitical tensions surrounding Iran's oil exports and the enforcement of U.S. sanctions.