US targets Iran's financial network

 United States Department of State spokesperson Tommy Pigott announced on Friday that the US Treasury Department took actions to disrupt Iran's financial network by targeting currency exchange houses and shell companies that helped Tehran "secretly move hundreds of millions of dollars through the international financial system."

"Through these networks, Tehran accessed oil revenue and evaded sanctions designed to curb its destabilizing activities, laundering funds using front companies," Pigott said. "By targeting the banks, exchange houses, and individual facilitators that operate this illicit system, the United States makes clear that those who help Iran evade sanctions will face serious consequences," he added.

The spokesperson also claimed that the US government will continue to work on isolating Iran's regime from the international financial system in order to show that the country's "continued support for terrorism and regional aggression will carry a steep and lasting cost."

https://breakingthenews.net/Article/US-targets-Iran's-financial-network/66880577