From TokenPost · · 50s
Treasury Targets 10 Iran-Linked Entities
U.S. Treasury adds 10 Iran-connected banks and individuals to sanctions list.
In brief
U.S. Treasury adds 10 Iran-connected banks and individuals to sanctions list. U.S. Treasury designated 10 Iran-linked entities and 16 people to block dollar access and oil proceeds. Originally reported by TokenPost.
U.S. Treasury Adds 10 Iran-Linked Entities
U.S. Treasury added 10 Iran-connected entities and 16 people to sanctions list Thursday.
Designated Banks Include IDB, Jazireh, Chabahar
Designated banks include Iraq’s International Development Bank for Investment and Finance, Jazireh International Bank Company, and Chabahar International Bank Overseas Company.
Treasury Alleges Financial Services for Iran
Treasury alleged IDB provided Iran with financial services and access to U.S. dollars, maintaining connections to Iranian government entities and militia groups.
Additional Targets: Oil Intermediaries and Shell Companies
Designations cover Sayyed Ruhollah Razavi, seven foreign-exchange employees, and Hong Kong company Elitesphere Trading Co., Limited.
Here's the gist
U.S. Treasury designated 10 Iran-linked entities and 16 people to block dollar access and oil proceeds.
