Tag: irgc
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US Treasury Sanctions Iran's Largest Digital Asset Exchange, Nobitex, Over Terror Finance and Sanctions Evasion
The US Treasury has sanctioned Nobitex, Iran's largest digital asset exchange, and three others, along with key officials, for facilitating terror finance, sanctions evasion, and supporting the Iranian regime's illicit activities under the "Economic Fury" campaign.
Politics and GovernmentBusinessFederal GovernmentEconomyBankingMiddle EastLegalMilitary IranUS TreasurySanctionsDigital AssetsNobitexTerror FinanceIRGC
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U.S. Treasury Sanctions Iran's Persian Gulf Strait Authority Over Maritime Extortion
The U.S. Treasury sanctioned Iran's Persian Gulf Strait Authority, calling it an IRGC extortion scheme in the Strait of Hormuz. This move intensifies the "Economic Fury" campaign, aiming to cut off revenue for Iran's terror activities and warn against cooperation.
Politics and GovernmentBusinessLaw EnforcementWorldFederal GovernmentEconomyTradeMiddle EastLegalMilitary IranSanctionsStrait of HormuzU.S. TreasuryIRGCMaritime SecurityEconomic FuryUS Treasury
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U.S. Sanctions Target Iran's IRGC Oil Operations to China
The U.S. Treasury sanctioned 12 individuals and entities for enabling Iran's IRGC oil sales to China, aiming to cut funding for weapons and proxies. This "Economic Fury" targets the regime's revenue, with potential penalties for facilitators.
Politics and GovernmentBusinessWorldFederal GovernmentEconomyTradeMiddle EastAsia IranSanctionsOil TradeIRGCOFACChinaTerrorism FinancingUS Treasury
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Media Monitor: U.S.-Iran tensions rise over Strait of Hormuz amid diplomatic efforts
The Hindu reports that U.S.-Iran hopes for settlement are strained by escalating rhetoric and actions over the Strait of Hormuz, despite ongoing diplomatic efforts and a ceasefire in Lebanon.
Politics and GovernmentWorldBusiness Strait of HormuzIranceasefirediplomacyMiddle EastIRGCThe Hindu