New OFAC Sanctions Target Iranian Shadow Banking and Tanker Network
Friday, 6 June 2025، 10:57 PM
It targets over 30 individuals and entities linked to three Iranian brothers who allegedly laundered billions of dollars through the international financial system. “Iran’s shadow banking system is a critical lifeline for the regime through which it accesses the proceeds from its oil sales, moves money, and funds its destabilizing activities,” said Treasury Secretary Scott Bessent emphasized (Read more at G Captain).