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US imposes sanctions on 35 individuals, entities for aiding Iran's sanctions evasions

World News

28-04-2026 | 14:33

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US imposes sanctions on 35 individuals, entities for aiding Iran's sanctions evasions

The U.S. government on Tuesday said it was imposing sanctions on 35 entities and individuals for their role in Iran's shadow banking architecture, accusing them of facilitating the movement of tens of billions of dollars tied to sanctions evasion and Iran's sponsorship of terrorism.

The Treasury Department's Office of Foreign Assets Control also ⁠warned any firm making "toll" payments to the Iranian government or the Islamic Revolutionary Guard Corps for passage through the Strait of Hormuz would face significant sanctions.

Reuters

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