The United States has imposed new sanctions targeting individuals and entities accused of financing Iran’s Revolutionary Guard Corps and illicit money movement.
US SLAPS FRESH SANCTIONS ON IRAN OVER IRGC, ILLICIT FINANCE
The United States has imposed a fresh round of Iran-related sanctions targeting individuals and entities accused of supporting the Islamic Revolutionary Guard Corps and facilitating illicit financial operations. Reuters reports that the U.S. Treasury Department announced the measures amid renewed tensions involving Iran and international shipping in the Strait of Hormuz.
Among those sanctioned is Dubai-based Iranian banker Ali Ansari, whom U.S. authorities describe as a key financier linked to Iran’s leadership. The Treasury also sanctioned major Iranian exchange houses accused of moving billions of dollars annually through shell companies on behalf of sanctioned Iranian banks.
The latest sanctions follow recent regional hostilities and form part of Washington’s broader effort to disrupt financial networks linked to Iran.
NEWS NOW:
- Ceasefire in tatters: US launches third round of strikes against Iran over Strait of Hormuz attacks
- White House shuts down meeting between Mayor Zohran Mamdani’s office and Iran
- Experts advise pregnant women to cut sugar to protect children’s mental health
- Pentagon releases 40 new UFO files, including pilot’s mystery encounter
