The U.S. Department of the Treasury’s Office of Foreign Assets Control designated 18 entities and individuals that play pivotal roles in the Iranian regime’s efforts to generate revenue and circumvent U.S. sanctions.
“Facing severe financial constraints due to international isolation, Iran has engineered sophisticated banking schemes and alternate payment messaging systems specifically designed to bypass sanctions and protect its ability to collect export revenues, particularly from illicit petroleum sales. These systems also enable the regime’s continued funding of its proxies and oppression of the Iranian people. Additionally, financial and information technology firms designated today have provided the regime with advanced surveillance technologies that Iran’s security services deploy to restrict internet access and to target women who violate the regime’s mandatory hijab restrictions” said in statement.
“As a result of President Trump’s maximum pressure campaign and increasing isolation from the global financial system, the Iranian regime is running out of places to hide,” said Secretary of the Treasury Scott Bessent. “Treasury will continue to disrupt Iran’s schemes aimed at evading our sanctions, block its access to revenue, and starve its weapons programs of capital in order to protect the American people.”
Treasury is committed to using all available tools to combat Iran’s attempts to circumvent sanctions and repatriate illicit foreign revenue, as evidenced by their recent actions sanctioning Islamic Revolutionary Guard Corps (IRGC) and Zarringhalam family ‘shadow banking’ networks, as well as the sprawling Shamkhani shipping network that has generated billions of dollars in revenue that is then laundered through such networks.
You can see detailed list here.
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