US Imposes New Sanctions on Iran's IRGC Financial Network

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-31
Category: finance
Source: Gulf News
Original source

Washington has announced additional sanctions against entities in China, India, and Russia, accusing them of aiding Iran's Islamic Revolutionary Guard Corps (IRGC) in financing operations and evading international restrictions. These measures aim to further limit Iran's access to global financial systems and oil revenues, intensifying economic pressure on the country.

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