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U.S. Treasury Sanctions More than 20 Entities for Helping Sell Iranian Oil

IRAN, JUL 9 – The U.S. Treasury identified 22 entities enabling Iranian oil sales that fund the IRGC-Qods Force, which supports terrorist activities and weapons programs, officials said.

Summary by UPI
The Trump administration announced Wednesday it has designated more than 20 entities as complicit in the facilitation of selling Iranian oil, which funds a paramilitary force considered a foreign terrorist organization.

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Despite talk of peace and negotiations, the Trump administration continues to exert economic pressure on the Iranian regime, this time on the "shadow banking network" that finances the Revolutionary Guards' Quds Force. In a statement issued today (Wednesday), the US Treasury Department announced that it has imposed sanctions on 22 companies operating from Hong Kong, the United Arab Emirates and Turkey for their involvement in the sale of Irania…

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Business Fast broke the news in on Wednesday, July 9, 2025.
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