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US Imposes Sanctions On Oil Broker Network Working w/IRGC Quds Force

IRAN

Jason Brodsky at IranIntl tweets: "Amid growing impatience in U.S. with #Iran over nuclear talks, @USTreasury is now sanctioning an oil broker network supporting the IRGC's Quds Force. Interesting case here targeting an Omani national, using EO 13224.@

  • Treasury Dep't press release:https://home.treasury.gov/news/press-releases/jy0320
  • "[The Treasury Dep't is] designating individuals and businesses involved in an international oil smuggling network that supports Iran's Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF). Senior IRGC-QF officials use proceeds from their involvement in Iranian oil exports to help fund the group's destabilizing regional activities."
  • Director of the Office of Foreign Assets Control Andrea Gacki stated that ""The IRGC-QF is using revenues from its Iranian petroleum sales to fund its malign activities at the expense of the Iranian people. These sales rely on key foreign intermediaries to obscure the IRGC-QF's involvement, and Treasury will continue to disrupt and expose anyone supporting these efforts."

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