The United States has issued a new round of Iran-related sanctions targeting 10 individuals and 27 entities, according to a post on the US Treasury Department website on Friday.

The sanctioned entities have ties to the "Shadow Banking Network," which is involved in money laundering on behalf of Iran, according to a State Department press release.

The network has laundered billions of dollars through Iranian exchange houses and foreign front companies, according to the release.

The Zarringhalam brothers and their associates used front companies based in the United Arab Emirates and Hong Kong to help certain Iranians generate revenue from the sale of petroleum and other commodities used to build nuclear weapons.

At the same time, the Treasury’s Financial Crimes Enforcement Network Depa

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