U.S. Hits Iranian Shipping Network with Fresh Sanc
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Posted On: 09/05/2019 6:10:33 PM
U.S. Hits Iranian Shipping Network with Fresh Sanctions
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A large Iranian-registered shipping network created solely to transport and obfuscate the sale of Iran oil has been targeted with fresh sanctions by the Trump administration.
A reward of $15 million has also been offered to anyone with information that disrupts the network’s operation that, “is directed by and financially supports the Islamic Revolutionary Guard Corps-Quds Force (IRGC-QF) and its terrorist proxy Hezbollah,” according to a Treasury Department statement.
“Today’s announcement is historic,” Special Representative for Iran and Senior Advisor to the Secretary of State Brian Hook said during a press briefing Wednesday. “It’s the first time that the United States has offered a reward for information that disrupts a government entity’s financial operations.”
< >
A large Iranian-registered shipping network created solely to transport and obfuscate the sale of Iran oil has been targeted with fresh sanctions by the Trump administration.
A reward of $15 million has also been offered to anyone with information that disrupts the network’s operation that, “is directed by and financially supports the Islamic Revolutionary Guard Corps-Quds Force (IRGC-QF) and its terrorist proxy Hezbollah,” according to a Treasury Department statement.
“Today’s announcement is historic,” Special Representative for Iran and Senior Advisor to the Secretary of State Brian Hook said during a press briefing Wednesday. “It’s the first time that the United States has offered a reward for information that disrupts a government entity’s financial operations.”
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