U.S. Sanctions Broker, Businesses for Iran Oil-Smuggling
- Treasury Department says broker facilitated oil shipments
- Revolutionary Guard funds activities with proceeds, U.S. says
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The U.S. sanctioned an individual and businesses it says are involved in an oil-smuggling network that supports Iran’s Islamic Revolutionary Guard Corps-Qods Force.
The Treasury Department on Friday placed financial restrictions on a foreign broker, Mahmood Rashid Amur Al Habsi, who worked with senior Revolutionary Guard officials and facilitated shipments of Iranian oil, including to customers in East Asia, according to a department statement.