Shafaq News – Washington / Tehran
On Thursday, the US Department of the Treasury added sevenIranian nationals and 13 Iran-linked entities to its Specially DesignatedNationals (SDN) list for their role in advancing Tehran’s financial andtechnological networks.
According to the Treasury’s Office of Foreign Assets Control(OFAC), all sanctioned individuals are subject to secondary sanctions. Manywere linked to Cyrus Offshore Bank and RUNC Exchange System Company, which alsoappeared on the updated list. OFAC identified the bank as a financialinstitution headquartered in Tehran, accusing it of facilitating transactionsthat support Iran’s destabilizing activities.
The US also targeted companies connected to the PasargadArian Information and Communication Technology Company (FANAP), a technologyconglomerate affiliated with Iran’s Pasargad Bank. Among the listed firms wereArian Pasargad Communications and Information Technology Ecosystem DevelopmentCompany, FANAP Infrastructure, Arman Kish Data Communications, Arvand ArianPayment Company (FANAP Tech), and Pasargad Electronic Payment Services.
Additionally, OFAC sanctioned Qeshm Arian Datis SoftwareCompany, Rashid Samaneh Electronic Processing Company, and Barid Fanavar Arian(Baran Telecom), citing their roles in bolstering Iran’s surveillance andbanking infrastructure.
Today, Treasury’s Office of Foreign Assets Control is sanctioning 18 entities and individuals that play pivotal roles in the Iranian regime’s efforts to generate revenue and circumvent U.S. sanctions.These sanctions target how Iran has engineered banking schemes and alternate…
— Treasury Department (@USTreasury) August 7, 2025Earlier, the Treasury Department imposed sanctions on fiveentities and one individual accused of collaborating with Iran’s AircraftManufacturing Industrial Company (HESA), which is involved in producingmilitary aircraft and the covert "Ababil" drone program.
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