US Sanctions Network Accused of Procuring Weapons for IRGC as Iran Ramps up Strikes in Hormuz
Treasury said seven individuals and entities used aviation, transport and financial channels to hide IRGC weapons procurement.
- On Wednesday, the Treasury Department sanctioned seven individuals and entities across Iran, Russia, Italy, and Nigeria for allegedly helping the Islamic Revolutionary Guard Corps procure weapons and move personnel globally.
- These measures follow OFAC sanctions imposed on May 8 and June 10, 2026, targeting procurement networks that sourced weapons for the IRGC and Iran's Center for Innovation and Technology Cooperation , including man-portable air-defense systems .
- The network utilized foreign aviation firms, financial conduits, and travel coordinators to "obscure the IRGC's role in illicit procurement," the Treasury Department said; sanctions pursuant to Executive Order 13382 freeze all assets held within the United States.
- Treasury Scott Bessent stated, "Treasury will continue to target and disrupt the illicit procurement networks that fund Iran's weapons programs and war machine," while financial institutions face potential sanctions exposure for transactions involving designated persons.
- Amid heightened tensions between Washington and Tehran, including hostilities near the Strait of Hormuz, the administration continues ramping up pressure on Iran while requiring assets controlled by blocked entities to be reported to OFAC.
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US sanctions for seven people and companies. The prosecution: offer coverage to the regime's Guards
The State Department announced on Wednesday that the U.S. will sanction seven individuals and entities for supporting the acquisition of weapons by the Islamic Revolutionary Guard Corps of Iran. Sanctions are part of the U.S. efforts to intensify economic pressure on the Iranian regime after it resumed attacks on ships transiting the Strait of Ormuz earlier this month. The fighting has also returned to the region after the U.S. and Iran exchange…
US Treasury Imposes Sanctions on Global Network Supporting Iran’s Weapons Procurement
The U.S. Treasury Department on Wednesday sanctioned an international network of individuals and companies in Iran, Nigeria, Italy, and Russia for supporting weapons procurement efforts on behalf of Iran’s Islamic Revolutionary Guard Corps (IRGC). The action comes after a series of Iranian attacks on commercial vessels in the Strait of Hormuz in recent days. The sanctions designate seven individuals and entities under Executive Order 13382, whic…
US Sanctions 7 Individuals, Entities for Supporting IRGC; Reiterates Stance for Tehran's Denuclearisation
Get latest articles and stories on World at LatestLY. The United States on Wednesday announced a fresh slew of sanctions against Iran after caccusing Tehran of attacking commercial vessels in the Strait of Hormuz. World News | US Sanctions 7 Individuals, Entities for Supporting IRGC; Reiterates Stance for Tehran's Denuclearisation.
US sanctions 7 individuals, entities for supporting IRGC; reiterates stance for Tehrans denuclearisation - The Tribune
The United States on Wednesday announced a fresh slew of sanctions against Iran after caccusing Tehran of attacking commercial vessels in the Strait of Hormuz.
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