Treasury
5 articles
Trump's $300 Billion Denial Narrows What Geneva Actually Moves
President Trump rejected reports the Iran MOU includes $300 billion in US investment, telling reporters the deal moves sanctions relief and frozen funds, not new American capital.
Iran's $24 Billion Asset Release Hinges on OFAC Paperwork
Iranian state media reported a $24 billion asset release tied to the Geneva accord. Treasury has not yet published the OFAC paperwork that gives banks legal cover to move the money.
Treasury Sanctions Iran's Persian Gulf Strait Authority Under OFAC List
OFAC added the Persian Gulf Strait Authority — the body Iran created to administer Hormuz transit fees — to its Iran sanctions list hours after fresh US strikes near Bandar Abbas.
Treasury hits 19 vessels, Amin Exchange in Iran sanctions tranche
Treasury and State on May 22 designated 19 ships, money-changer Amin Exchange and a UAE-Turkey-Hong Kong front network — the financial leg of the Economic Fury campaign.
OFAC sanctions 10 entities over Iran weapons procurement
Treasury designates firms in China, Hong Kong and Belarus tied to Iran's CDPI procurement network feeding the Shahed UAV and ballistic-missile programs.