US Targets Additional Elements Of Iran’s ‘Shadow Banking’ Network

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Wednesday designated 22 entities based in Hong Kong, the United Arab Emirates (UAE), and Türkiye for their roles in facilitating the sale of Iranian oil that benefits the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF).  The IRGC-QF is Iran’s...