29 November 2023

The U.S. designated “over twenty individuals and entities involved in a financial facilitation network that benefits Iran’s Ministry of Defense and Armed Forces Logistics, the Iranian Armed Forces General Staff and Islamic Revolutionary Guard Corps-Qods Force”. Secretary of State Antony Blinken contended that “Iran’s commodity sales, carried out through a network of foreign-based front companies, provide revenue that helps the regime to continue its support for terrorist groups such as Hamas and Hizbollah. Iranian military entities and their business partners enable these sales and exploit the international financial system to recoup the revenue… The U.S. will continue to disrupt Iran’s funding support for terrorists”.

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