The U.S. Treasury Department announced sanctions on Friday against more than 30 people tied to three Iranian brothers, who run “a sprawling network of front companies” that have laundered billions of dollars via the regime’s “shadow banking” network.

“The regime leverages this network to evade sanctions and move money from its oil and petrochemical sales, which help the regime fund its nuclear and missile programs and support its terrorist proxies,” the department stated.

“Iran’s shadow banking system is a critical lifeline for the regime through which it accesses the proceeds from its oil sales, moves money and funds its destabilizing activities,” stated Scott Bessent, the U.S. treasury secretary.

Bessent added that the department “will continue to leverage all available tools to targe

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