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US Treasury sanctions 35 Iranian entities

US Treasury sanctions 35 entities and individuals in Iran's shadow banking network.

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1 verified
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United States
Updated
Wednesday, 29 April 2026 at 01:20 UTC
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The U.S. Treasury Department has imposed sanctions on 35 Iranian entities and individuals for their role in facilitating sanctions evasion. The action targets networks that help Iran bypass international financial restrictions, enabling the Islamic Revolutionary Guard Corps (IRGC) and other armed forces to access funds for illicit oil sales, missile components, and support for terrorist proxies. This is part of the broader 'Economic Fury' campaign to disrupt Iran's shadow banking architecture, which moves tens of billions of dollars. The sanctions aim to cut off financial lifelines that sustain Iran's military activities amid ongoing US-Iran hostilities.
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