US, UK sanctions target Iran-linked network accused of plotting attacks and moving funds

May 12, 2026 - 10:30
US, UK sanctions target Iran-linked network accused of plotting attacks and moving funds

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The US and UK have imposed separate sanctions targeting individuals, companies, and networks involved in Iran's oil sales, financial transactions, and alleged hostile activities. These measures aim to disrupt Iran's oil exports to China and cut off funding for the IRGC, while the UK focuses on shadow banking and destabilizing operations linked to criminal networks.

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