Trump Administration Expands Sanctions Targeting Iran-Linked Networks
The U.S. Treasury Department has announced a significant expansion of sanctions targeting Iran-related networks. This move adds over two dozen individuals, companies, and vessels to the Office of Foreign Assets Control's (OFAC) Specially Designated Nationals list. The sanctions focus on operatives and facilitators linked to Hamas, HASM, and Iranian procurement networks, many of whom now face 'secondary sanctions risk' under Executive Order 13224. The newly sanctioned entities span multiple countries, including Gaza, Turkey, Spain, Belgium, Jordan, and Iran. The sanctions aim to disrupt financial facilitators and shipping networks that support these groups. The Treasury's action is part of its broader Economic Fury campaign, which seeks to apply economic pressure on Iran and its affiliates.