US Imposes Sanctions on Iran's Oil and Military Financing Networks
TL;DR Summary
The US imposed sanctions on Iranian financiers and entities across Hong Kong and the UAE for allegedly facilitating over $100 million in cryptocurrency transfers linked to Iranian oil sales, aiming to disrupt Iran's funding of its military and nuclear programs amid ongoing tensions and failed nuclear negotiations.
- US sanctions Iranian financiers, others over $100M in cryptocurrency transfers from Iran oil sales AP News
- US sanctions target financing of Iran's military, Treasury says Reuters
- US slaps new sanctions on individuals and firms that help Iran sell its oil Al Jazeera
- US sanctions Iranian oil network tied to IRGC and MODAFL The Jerusalem Post
- US targets Iran military financing with new sanctions The Hill
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