The United States has announced a new wave of sanctions targeting Iran-linked individuals and entities involved in financing Tehran’s military operations. This move, revealed by the US Treasury Department on Tuesday, aims to disrupt financial networks that support the Islamic Revolutionary Guard Corps (IRGC)-Quds Force and Iran’s Ministry of Defense and Armed Forces Logistics (MODAFL).
According to the Treasury, those sanctioned have helped transfer funds from Iranian oil sales and other sources. Some of the targeted entities are based in Hong Kong and the United Arab Emirates. Washington claims these networks use front companies and cryptocurrencies to bypass sanctions and launder money for Iran’s military apparatus.
The sanctions block any assets held in US jurisdictions and prohibit Americans from conducting business with the named individuals and organizations. The Treasury described the targeted operations as part of Iran’s “shadow banking” system, which manipulates global financial networks to sustain its defense sector despite restrictions.
This is not the first time the US has imposed such penalties. In June 2025, Washington sanctioned eight entities and an individual for procuring sensitive machinery for Iran’s defense industry. These actions are part of broader efforts to weaken Iran’s military supply chains and financial reach.
Meanwhile, diplomatic tensions remain high. Though Iran has said it is open to resuming nuclear talks, US demands to curb Iranian ballistic and hypersonic missile programs continue to block negotiations. Recent military strikes between Iran, Israel, and the US have further strained the prospects of renewed dialogue.