US sanctions financial network tied to Iranian oil sales
- The US has imposed new sanctions on 20 individuals and companies allegedly involved in a financial network benefiting the Iranian military.
- The Treasury Department's sanctions target firms and people across Hong Kong to the United Arab Emirates.
- Among those affected is Iranian firm Sepehr Energy, accused of acting as a front company for the Iranian government's oil sales to fund regional activities and support groups like Hamas and Hezbollah.
23 Articles
23 Articles
New U.S. Sanctions on Iran Target Oil Revenues Feeding Military
The U.S. Department of Treasury has slapped sanctions on an additional 20 entities, including Iranian Sepehr Energy and individuals and companies globally, in connection to the facilitation of finances that support Iran’s military. Sepehr is targeted in the newest sanctions package for allegedly serving as a front company for Iranian government oil sales, which the Treasury department says is funding Iran’s “destabilizing regional activities” a…
New U.S. Sanctions Target Illicit Financial Networks Set Up To Benefit Iranian Military
The United States has imposed a new round of sanctions on more than 20 people and firms that the U.S. Treasury Department says have been involved in a "financial facilitation network" for the benefit of the Iranian military.
US sanctions financial network tied to Iranian oil sales
The US on Wednesday said it imposed a new round of sanctions on a group of 20 people and firms allegedly involved in a financial facilitation network for the benefit of the Iranian military. The Treasury Department sanctions impact firms and people spanning Hong Kong to the United Arab Emirates.
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