Swiss companies are allegedly helping to manage part of Iran’s secret fleet of oil tankers and conducting transactions that finance the Islamic Revolutionary Guard Corps and the Quds Force, according to the United States. +Get the most important news from Switzerland in your inbox Such activities are accused of providing economic support to the Tehran regime, enabling it to circumvent Washington’s sanctions. In 2022, Fractal Shipping took over the management of a fleet of around 30 former oil tankers. The company transported Russian oil. When Western countries tightened sanctions against Russia, Fractal’s CEO, Mathieu Philippe, created a subsidiary in Dubai. Since July 2025, Mathieu Philippe and his companies in Dubai and Geneva have been on the US sanctions list. According to Washington, his companies are part of an Iranian oil transportation network. According to US intelligence, the head of this network is Iranian oil magnate Hossein Shamkhani, son of Ali Shamkhani, an advisor …