US Treasury Department announces new sanctions on Iran

US Treasury Department announces new sanctions on Iran

The US Treasury Department announced new sanctions on three individuals linked to the IRGC Quds Force on Monday.

AhlulBayt News Agency (ABNA): The US Treasury Department announced new sanctions on three individuals linked to the IRGC Quds Force on Monday.

The US Treasury Department announced in a press release on Monday that "Members of the Terrorist Financing Targeting Center (TFTC) sanctioned 16 individuals, entities, and groups affiliated with a variety of regional terrorist organizations.

The sanctions targeted "16 individuals, entities, and groups affiliated with a variety of regional terrorist organizations."

According to the press release by the Treasury, "All of these targets have been previously designated by the United States. The targets also included three individuals associated with Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF)."

The Terrorist Financing Targeting Center (TFTC) is a joint center comprised of seven states of the United States, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE.

Iran has said it will not give in to the pressures, while its economy is recovering from the Covid-19 pandemic and the US sanctions at a fast pace.

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