US Sanctions 50+ Iranian Entities in "Operation Economic Fury" Round 2
The US State Department and Treasury Department sanctioned more than 50 entities — currency exchange houses, front companies, individuals, and 19 vessels — for helping Iran evade international sanctions and fund activities the US designates as destabilizing. The primary target was Amin Exchange, which operated through UAE, Turkey, and China/Hong Kong to launder money for sanctioned Iranian banks. The sanctions were issued under Executive Order 13902, part of the broader Operation Economic Fury campaign launched against Iran's financial infrastructure. The move signaled that sanctions pressure would continue even as diplomatic talks proceeded — a dual-track strategy that Iran's Foreign Ministry criticized as undermining trust in negotiations.
Media
Sources
- T1 US State Department Official western
- T1 US Embassy Iran Official western
- T2 Newsmax Major western