The United States imposed sanctions on 14 Iranian individuals andcompanies accused of operating financial networks for senior Iranian figuresand entities linked to the Islamic Revolutionary Guard Corps (IRGC), theTreasury Department said on Friday.
Sanctions also target three Iranian exchange houses andtheir executives, along with front companies based in Hong Kong and the UnitedArab Emirates, which US authorities said helped sanctioned Iranian banks movebillions of dollars annually through shell companies to conceal illicitfinancial transactions.
— Treasury Department (@USTreasury) July 10, 2026
On July 8, Washington revoked a general license allowingIranian oil sales in response to renewed attacks on shipping in the Strait ofHormuz, while granting a wind-down period until July 17. US President DonaldTrump declared the ceasefire with Iran "over" but said Washingtonwould continue talks requested by Tehran.
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