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Politics

Economic Fury: US sanctions Iran's 35 "shadow banking" architecture

April 28, 2026
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Posted 5 hours ago by

Washington DC [US], April 29 (ANI): In a major escalation of its 'Economic Fury' campaign, the US Department of the Treasury's Office of Foreign Assets Control (OFAC) on Tuesday designated 35 entities and individuals central to Iran's clandestine shadow banking network. The move aims to choke off a financial lifeline that has moved tens of billions of dollars to fund the Iranian regime's armed forces, missile pr

Iran Herald
Iran Herald

Coverage and analysis from Iran. All insights are generated by our AI narrative analysis engine.

Iran
Bias: center

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