Wednesday on the United States Announced a new round of restrictions Targeting Iran’s “Shadow Banking” network is involved in the illegal trade of Iranian oil which is designed to fund Tehran’s Islamic Revolutionary Guard Corps (IRGC) and QUDS force.
Treasury Department of Foreign Assets Control (ofac) The restrictions said The IRGC and the QDS force will target Hong Kong, United Arab Emirates and 22 institutions located in Turkey for their roles in the sale of Iranian oil.
According to the Treasury Department, Iran is designed to help Iran to reduce American sanctions by using offshore accounts to facilitate payment from refineries approved oil.
The funds, the department, said, then the IRGC and other front companies run by the QUDS force are transferred to the Iranian government back to the Iranian government to “fund its weapons programs and support its terrorist curtains and partners in the Middle East” Revenue. ,
“Iranian rule depends a lot on its shadow banking system to fund its unstable atomic and ballistic missile weapons programs rather than the benefits of the Iranian people,” Scott Besent said in a statement.
He said, “Treasury focuses on disrupting this shady infrastructure that allows Iran to threaten the United States and our colleagues in the region,” he said.
In Wednesday’s announcement, the Iranian “shadow banking” is the second wave of restrictions targeting the network. The first round was Announced on 6 June,
An operation has been described by US authorities as a military success by the Trump administration by the Trump administration.
