Economic Fury

Treasury is moving aggressively with Economic Fury by targeting regime elites like the Shamkhani family that attempt to profit at the expense of the Iranian people.

Under President Trump’s leadership, Treasury will continue to cut off Iran’s illicit smuggling and terror proxy networks. Financial institutions should be on notice that Treasury will leverage all tools and authorities, including secondary sanctions, against those that continue to support Tehran’s terrorist activities.

Secretary Bessent

… financial institutions that continue to support Iran’s activities. The short-term authorization permitting the sale of Iranian oil already stranded at sea is set to expire in a few days and will not be renewed.

… we want to freeze more funds of the leadership of the IRGC.

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