US announces measures targeting ‘financial lifelines of Iran’s ruling elite’
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- The US says it has targeted financial networks it claims helped Iran evade sanctions and move hundreds of millions of dollars.
- Washington said the measures are part of its "maximum pressure" campaign against Tehran.
The United States says it has taken action to dismantle what it described as a network of currency exchange houses and shell companies allegedly used by Iran to evade sanctions and secretly move hundreds of millions of dollars.
In a statement, US State Department spokesperson Tommy Pigott said the US Treasury had imposed measures against the "illicit" financial networks, but did not identify the entities targeted.
Pigott said the move reflects the Trump administration's continued "maximum pressure" policy toward Iran.
"This action demonstrates the Trump Administration's continued maximum pressure on Iran by cutting off resources the regime uses to threaten regional stability, support terrorism, and advance its military capabilities," he said.
US officials did not provide additional details about the sanctioned networks or specify the exchange houses and shell companies affected by the measures.
The latest action is part of Washington's broader sanctions campaign aimed at restricting Iran's access to international financial systems and limiting its sources of revenue.
