On April 28, the US government imposed a new package of sanctions on individuals and companies linked to Iran's 'shadow banking' system. The restrictions target financial networks that Washington says help circumvent international sanctions. This is stated in a decision of the US Treasury Department, Reuters reports, quoted by Focus.
Sanctions against Iran
The measures cover 35 individuals and legal entities that the United States claims are involved in the functioning of unofficial financial channels of Iran.
The Treasury Department warned that companies that make payments to the Iranian authorities or the Islamic Revolutionary Guard Corps for passage through the Strait of Hormuz may also fall under sanctions.
According to the American side, these networks have allowed Iran access to the international financial system and have been used to make payments from oil sales, purchase of missile components and financing related structures.
Treasury Secretary Scott Besant said that such schemes are key to the activities of the Iranian armed forces.
„Iran's shadow banking system serves as vital financial support for its armed forces, allowing them to carry out activities that disrupt global trade and fuel violence in the Middle East,“ he stressed.
Earlier, US President Donald Trump said that Iran had informed the American side about the difficult situation in the country.