Lead: The U.S. Treasury announced new sanctions against Iran’s military oil sales, targeting the regime’s revenue from crude exports. OFAC’s action, carried out under Executive Order 13224, designates the Iranian armed forces’ oil sales arm, Sepehr Energy Jahan, and several Hong Kong‑based front companies—including Growth Trading Co., Limited; Damai Technology Development Limited; Tida Co., Limited; Mehdiyev Trading Co., Limited; and Worth Seen Energy Limited—for facilitating oil shipments and financial support. All property of the designated persons located in the United States or controlled by U.S. persons is blocked, and U.S. entities may face civil or criminal penalties for prohibited transactions. The State Department’s Rewards for Justice program offers up to $15 million for information that disrupts the Iranian Revolutionary Guard Corps’ financial networks.
Made by AI. If you spot anything of concern write us at contact@cybach.com. We’ll promptly correct irregularities.