Report
US announces Iran-related sanctions targeting 16 people and 10 entities
The Economic Times reports, via ANI, that Treasury aims to disrupt alleged networks financing Iran's military and proxies.
TLDR
An Iraq-based bank that the US Treasury accuses of giving Iran access to US dollars is among those targeted. The Economic Times, publishing an ANI report, says the October 2026 sanctions cover 16 people and 10 entities, including offshore banks and an oil intermediary. Treasury says the measures aim to disrupt networks allegedly used to finance Iran's military and regional proxies.
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