US Treasury Department

US sanctions Turkish bank, two subsidiaries in bid to increase economic pressure on Iran

The sanctions put the financial entities on the US Treasury's OFAC Specially Designated Nationals list as part of US President Donald Trump's campaign to increase economic pressure on Tehran.

A general view of the Treasury Building on day two of a partial government shutdown in Washington, DC, US, February 1, 2026.
A security personnel stands guard as Iranians take part in a protest marking the annual al-Quds Day, on the last Friday of the holy month of Ramadan, in Tehran, Iran, March 13, 2026

Military, economic pressure on Iran may lead to internal uprising, US officials say

(Illustrative) A general view of the new headquarters of the Banque Misr of Egypt, in the New Administrative Capital (NAC) east of Cairo, Egypt, December 26, 2023.

UAE, Egypt central banks to coordinate with Banque Misr after US threatens to revoke dollar access

Signage is seen at the United States Department of the Treasury headquarters in Washington, DC, US, August 29, 2020.

US Treasury revokes 'critical node' of Iranian access to US dollars in latest Tehran sanctions


US targets UAE-based crypto exchange over alleged Iran sanctions evasion scheme

“Treasury will hunt down and dismantle the illicit financial networks that keep the regime afloat,” Secretary of the Treasury Scott Bessent said in a statement.

 The bear market in crypto erased $2 trillion in market value and led to several bankruptcies among crypto firms like Celsius, Voyager Digital and Three Arrows Capital, among others.

Proposed Hormuz passage deal not feasible for shipping industry, sources say

Under the latest proposal, Tehran would be able to intervene if necessary with any inbound traffic, while outbound traffic would follow a route between Iran and Oman.

Ships and tankers in the Strait of Hormuz off the coast of Musandam, Oman, April 18, 2026.

US removes counterterrorism designation from IRGC-linked company

A Treasury Department official said that the removal of sanctions was not indicative of a shift in US policy towards Iran or the IRGC, or negotiations to end the conflict in the Middle East.

 The United States Department of the Treasury is seen in Washington, DC, US, August 30, 2020.

US Treasury sanctions networks supporting Iran’s Mahan Air, IRGC from India, China, Russia

Treasury Secretary Scott Bessent said those providing financial, logistical, or commercial support to the IRGC or Mahan Air are “helping sustain a terrorist enterprise."

An Iranian cleric walks past a billboard depicting a portrait of the former commander of the IRGC Aerospace Forces, Brigadier General Amir Ali Hajizadeh, on February 21, 2026.

New Iran-related sanctions targeting tankers issued by US Treasury Department

“With its economy in freefall and inflation in the triple digits, the regime is desperate for cash,” said Treasury Secretary Scott Bessent.

A ship remains anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran; Illustrative.

Four people, nine entities tied to Iran financial evasion network sanctioned by US Treasury

The Treasury further called for governments and financial institutions worldwide to avoid engaging with financial networks connected to Iran.

Mourners walk through Tehran's landmark Azadi Square ahead of the funeral procession of Iran's slain supreme leader Ali Khamenei and members of his family on July 6, 2026; Illustrative.

EU sanctions Iranian judges, leading cyber group figure, US sanctions Iranian financier

The Council said it had sanctioned Nima Salehi, the Iranian founder of the Ashiyane cyber group, which it said cooperates closely with the EU-listed Cyber Police (FATA) and the IRGC.

A VIEW from a drone shows the European Union flags outside the European Commission headquarters, known as the Berlaymont building in Brussels, in 2026.

US sanctions network accused of procuring weapons for IRGC as Iran ramps up strikes in Hormuz

Those targeted allegedly used aviation and logistics companies in Iran, Italy, and Russia to source arms and drone components in violation of renewed UN restrictions.

Treasury Secretary Scott Bessent (2nd-R) and Secretary of War Pete Hegseth (R) attend a meeting with U.S. President Donald Trump (L) and Prime Minister of Iraq Ali al-Zaidi in the Oval Office of the White House on July 14, 2026 in Washington, DC.

US issues general license for wind-down activities in Hormuz as new Iran sanctions imposed

According to the license, wind-down operations are permitted until September 12, and any payments made under the license must be made via specific protocols within the US.

This frame grab taken from AFPTV video footage on July 12, 2026 shows a cargo ship anchoring near the Strait of Hormuz off the eastern coast of the United Arab Emirates at Khor Fakkan.

US imposes new sanctions on Iran, IRGC-linked entities following attacks in Strait of Hormuz

The sanctions require any US-based involvement in the sanctioned companies to be reported to the Treasury's Office of Foreign Assets Control (OFAC). 

Signage is seen at the United States Department of the Treasury headquarters in Washington, DC, US, August 29, 2020.