U.S. Treasury Sanctions Multiple Illicit Networks Globally

The Office of Foreign Assets Control, under the U.S. Treasury Department, has implemented new sanctions targeting several international illicit operations. These measures are directed at fentanyl trafficking networks linked to the Sinaloa Cartel and an Iran-based procurement network involved in defrauding American businesses. Additionally, sanctions were imposed on Lebanese officials connected to Hizballah and an extortion scheme by the IRGC in the Strait of Hormuz.