From Dallas Express · Dallas Express · · 1m 20s
Treasury Targets Iran Industry and A7 Network
U.S. Treasury expands sanctions on Iran's industries and financial networks to disrupt sanctions evasion.
In brief
U.S. Treasury expands sanctions on Iran's industries and financial networks to disrupt sanctions evasion. U.S. Treasury targets Iranian automotive, rail, and metals industries and the A7 financial network linked to Russia for sanctions evasion. Originally reported by Dallas Express.
Treasury Announces New Sanctions
U.S. Treasury targets Iranian automotive, rail, manufacturing, and metals industries under Operation Economic Outcast.
“U.S. Department of the Treasury has announced two actions under Operation Economic Outcast”
A7 Network Targeted
Treasury dismantles A7 Network, a financial network with ties to Russia used for Iranian sanctions evasion and illicit finance.
“Treasury is dismantling the financial infrastructure that allows Iran and other adversaries to evade sanctions, move illicit funds, and undermine the integrity of the global financial system”
Industrial Sectors Targeted
Treasury designates Iran Khodro and SAIPA as major Iranian automotive companies representing over 90% of domestic auto market.
“Iran Khodro Company and SAIPA Iranian Automobile Manufacturing Company”
Rail and Manufacturing Designations
Three Iranian rail companies and heavy equipment manufacturer HEPCO are designated under new sanctions.
“Islamic Republic of Iran Railway Company”
Metals Industry Targets
U.S. Treasury designates companies supplying Iranian steel and metals under Executive Order 13902.
“Iranian iron, steel, aluminum, and copper sectors”
A7 Network Operations
A7 Network processed over $17 billion in transactions between January 2025 and June 2026.
“more than $17 billion between January 2025 and June 2026”
A7 Network Linked to Iran
A7 Network created by U.S.-sanctioned individuals to facilitate Iranian sanctions evasion and has been used by IRGC.
“created and backed by U.S.-sanctioned individuals to facilitate sanctions evasion”
Sanctions Take Effect
Property and interests in property belonging to A7 Network and Sub-Agents are blocked in the U.S. and must be reported.
“property and interests in property belonging to the network and covered Sub-Agents that are in the United States or controlled by U.S. persons are blocked”
Operation Economic Outcast
Treasury's Operation Economic Outcast targets Iran's revenue sources, sanctions evasion networks, and financial facilitators.
“Operation Economic Outcast, which Treasury announced on August 24 as an effort to target Iran's revenue sources”
The big picture
U.S. Treasury targets Iranian automotive, rail, and metals industries and the A7 financial network linked to Russia for sanctions evasion.
