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US issues fresh Iran sanctions targeting IRGC’s ‘web of front companies’

The US Treasury Department places sanctions on more companies, officials and individuals affiliated with Iran's Islamic Revolutionary Guards Corps Quds Force and Iran-backed militias in Iraq.

U.S. Secretary of the Treasury Steven Mnuchin walks from a meeting during negotiations on a coronavirus disease (COVID-19) relief package on Capitol in Washington, U.S., March 23, 2020.      REUTERS/Joshua Roberts - RC2QPF9GZ5DS
US Secretary of the Treasury Steven Mnuchin walks from a meeting during negotiations on a coronavirus disease (COVID-19) relief package on Capitol in Washington, US, March 23, 2020. — REUTERS/Joshua Roberts

In its latest round of economic penalties targeting Iran, the US government has imposed fresh sanctions on 20 companies, Iranian officials and individuals with ties to the regime’s Islamic Revolutionary Guard Corps (IRGC) and other US-designated terrorist groups.

The US Treasury Department today identified a group of Iran- and Iraq-based targets over their apparent support for the IRGC, its Quds Force foreign arm and Iranian-backed militias in Iraq.

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