The United States Department of the Treasury imposed a new package of sanctions against 3 individuals, 17 companies, and 9 tankers linked to the Iranian regime. In this action, a network affiliated with Mohammad Hossein Shamkhani, the son Ali Shamkhani, the slain senior adviser to former regime supreme leader Ali Khamenei, as well as a financing structure tied to Hezbollah in Lebanon, was targeted.
According to the U.S. Treasury Department, Mohammad Hossein Shamkhani’s network has used front companies in the United Arab Emirates, India, and the Marshall Islands to evade sanctions and has generated billions of dollars in revenue through the sale of Iranian and Russian oil and liquefied gas. The department stated that Shamkhani oversees a multibillion-dollar oil sales empire that serves the interests of the Iranian regime.
Children of Iranian Regime Officials Enjoy Luxury Lives in Dubai and Europe
In another part of this action, Seyed Badr al-Din Naeimai Mousavi, an Iranian national and one of Hezbollah’s financial facilitators in Lebanon, was also sanctioned. Three companies linked to a complex network involved in selling Iranian oil in exchange for Venezuelan gold were also placed on the sanctions list. According to the U.S. Treasury Department, this network ultimately operated for the benefit of Hezbollah in Lebanon and the Quds Force of the Islamic Revolutionary Guard Corps (IRGC).
Fresh Washington Warning: Buyers of the Iranian Regime’s Oil and Cooperating Banks in the Crosshairs of Secondary Sanctions
The U.S. Treasury Secretary announced that Washington is prepared to enforce secondary sanctions against oil buyers and financial institutions cooperating with the Iranian regime in order to intensify economic pressure. Under this position, any bank involved in transferring the regime’s money and any party that continues purchasing oil from this government could face direct U.S. penalties. This latest warning comes as pressure on the Iranian regime’s oil sales and transportation network is also increasing simultaneously.
