Skip to Content
AP-National

US sanctions financial network tied to Iranian oil sales

By
Published 9:53 AM

By FATIMA HUSSEIN
Associated Press

WASHINGTON (AP) — The U.S. Treasury Department has imposed a new round of sanctions against a group of 20 people and firms who are allegedly involved in a financial facilitation network for the benefit of the Iranian military. Wednesday’s sanctions impact firms and people spanning from Hong Kong to the United Arab Emirates. Included in the sanctions package are employees, brokers and purchasers from an Iranian firm. The sanctions block access to U.S. property and bank accounts and prevent those targeted from doing business with Americans.

Article Topic Follows: AP-National

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content