US EditionU.S. Targets Iran's 'Shadow Banking' Network With Sanctions
UNITED STATES, JUN 7 – Sanctions block assets of over 30 individuals and entities linked to Iranian brothers laundering billions to fund military and petroleum sectors, Treasury says.
- The U.S. Treasury Department imposed sanctions on July 10, 2025, targeting over 30 individuals and 16 companies in Iran, Hong Kong, and the UAE for laundering billions to support Iran's regime.
- These sanctions followed ongoing maximum pressure campaigns and stalled nuclear negotiations, amid Iran's refusal to curtail uranium enrichment and its advancing nuclear program near weapons-grade levels.
- Iran's shadow banking system serves as a critical financial lifeline for illicit transactions funding its nuclear and missile programs, while the regime uses deception strategically under religious doctrine to evade scrutiny.
- Treasury Secretary Scott Bessent described these networks as the regime's financial arteries, with whistleblowers revealing billions embezzled that enrich elites while robbing Iranian citizens.
- The sanctions aim to pressure Iran into nuclear compliance, but experts caution that any deal might only grant Iran more time to advance its program underground amid a complex ideological and political framework.
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In Reversal, White House Slaps Sanctions on Iran
The U.S. imposed sanctions on Iranians involved in a “shadow banking” network engaged in money laundering, the Treasury Department announced Friday. The move marks an apparent reversal of policy, as the administration had ordered a pause on sanctions activity against Iran, according to a Wall Street Journal report published Monday. President Donald Trump in February re-imposed a “maximum pressure” campaign against Iran but said he hoped Washingt…
Alleged Iran Money Laundering Network Hit With US Sanctions
The US imposed sanctions on a network of individuals and companies it accuses of laundering billions of dollars from illegal activities for the Iranian government, as the Trump administration continues its “maximum pressure” campaign against Tehran.
The U.S. government is punishing 30 Iranian people and companies for trying to cover up revenues from oil sales.
Trump Sanctions Shadow Banking Network Funding Iran’s Nuclear Program - Real News Now
The Trump administration has dropped the hammer on Iran’s secretive financial lifeline, issuing sweeping new sanctions targeting more than 30 individuals and entities accused of running a shadow banking network used to fund the regime’s nuclear and missile programs. The sanctions, announced on June 6, expose a sophisticated global money-laundering system operating through front companies in the United Arab Emirates and Hong Kong. This network ha…
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