Iran sanctions

Russian VTB Bank sactioned for Iran deals bypassing US sanctions, Treasury announces

Already cut off from the dollar system over Russia's invasion of Ukraine, VTB now faces Iran-related sanctions that Treasury officials said could expose foreign banks and businesses to penalties.

 The logo of VTB bank is seen on the bank's headquarters in Tehran, Iran, May 23, 2023.
An illustration of a handshake over the backdrop of a Chinese and Iranian flag.

Iran dodges sanctions using barter system to buy billions of dollars of Chinese goods

Illustration shows U.S. and Iranian flags, 3D printed oil barrels and rising stock graph

Iran's government to raise fuel price for heavy users

A general view of the Treasury Building on day two of a partial government shutdown in Washington, DC, US, February 1, 2026.

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


US Treasury announces 'Operation Economic Outcast' on Iran following warning of 'economic D-Day'

"It is now a time for world leaders to make a decision between prosperity and isolation, peace and terror, America and Iran," declared US Treasury Secretary Scott Bessent.

US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran, describing them as "an economic D-Day", in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC.

Treasury Secretary Bessent says US entering 'endgame' with Iran, will sever economic lifelines

"Any remaining tie to Tehran will hasten the economic ostracism of countries and entities, whether that tie be purposefully constructed or wilfully ignored."

US Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, DC, US, August 20, 2026.

Iran made billions of dollars, bypassed sanctions amid US blockade, top official Rezaee claims

"In the past month or two, we sold seventy million barrels of oil," he said. "Now every day we sell oil to American ships on that side, as much as we produce."

An Iranian flag flutters in the wind as ships remain anchored in the Strait of Hormuz on May 16 2025.

Chance of Iran war expansion dropped after Trump declared economic warfare, officials say

According to the officials, US President Donald Trump’s decision to impose another harsh package of economic sanctions is intended to “buy time” until after the US midterm elections.

Prime Minister Benjamin Netanyahu speaks during a special plenum session in honor of US President Donald Trump at the Knesset, in Jerusalem, October 13, 2025

'Economic D-Day': Trump threatens economic warfare against countries aiding Iran

UAE suspending all trade activities, commercial exchanges and financial transactions with Iran following Trump statement • Trump promises 'economic warfare and isolation on an unprecedented scale'

US President Donald Trump boards Air Force One at Joint Base Andrews, Maryland, US, August 7, 2026

Trump returns to an old weapon: Behind US's decision to economically choke Iran - analysis

US Treasury Secretary Scott Bessent said last month that the administration’s economic policy had sent the Iranian currency into "free fall" and pushed inflation into triple-digit rates.

U.S. President Donald Trump waves as he disembarks Air Force One at Joint Base Andrews, Maryland, US, August 9, 2026.

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.

Israel sanctions IRGC-linked crypto accounts funneling millions to Hezbollah, other proxies

These funds, totaling approximately NIS 24 million, were used to fund various Iranian terror proxies, including Hezbollah.

An illustrative image of Iran and Hezbollah's flags.

US, Qatar plan to unfreeze billions in Iranian funds for purchase of humanitarian goods - report

The deal would allow Iran to begin by accessing $6 billion currently held in Qatar, specifically for purchases of food, medicine, and other humanitarian goods.

US President Donald Trump attends a bilateral meeting with the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, on the sidelines of the G7 summit, in Evian-les-Bains, France, June 16, 2026.

US sanctions Iranian foreign currency exchange, international front companies

“Iran’s shadow banking system facilitates the illicit transfer of funding for terrorist purposes,” said Scott Bessent, Secretary of the Treasury.

A general view of the Treasury Building on day two of a partial government shutdown in Washington, DC, US, February 1, 2026.