{"id":15218,"date":"2026-05-12T04:38:21","date_gmt":"2026-05-12T04:38:21","guid":{"rendered":"https:\/\/saharanews.in\/2026\/05\/12\/us-uk-sanctions-target-iran-linked-network-accused-of-plotting-attacks-and-moving-funds\/"},"modified":"2026-05-12T04:38:21","modified_gmt":"2026-05-12T04:38:21","slug":"us-uk-sanctions-target-iran-linked-network-accused-of-plotting-attacks-and-moving-funds","status":"publish","type":"post","link":"https:\/\/saharanews.in\/?p=15218","title":{"rendered":"US, UK sanctions target Iran-linked network accused of plotting attacks and moving funds"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-131028296,imgsize-1910402,width-400,height-225,resizemode-4\/representational-image.jpg\" alt=\"US, UK sanctions target Iran-linked network accused of plotting attacks and moving funds\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>The United States and the United Kingdom on Monday announced seperate sanctions aimed at increasing pressure on Iran by targeting individuals, companies and networks accused of facilitating oil sales, financial transactions and \u201chostile activities\u201d.<!-- --> <span class=\"id-r-component br\" data-pos=\"3\"\/>The US measures focus on disrupting Iran\u2019s oil exports to China and cutting off funding linked to the Islamic Revolutionary Guard Corps, while also tightening restrictions on front companies and intermediaries. <span class=\"id-r-component br\" data-pos=\"5\"\/>The UK, meanwhile, targeted Iran-linked individuals and entities accused of shadow banking, financing destabilising activities and conducting operations linked to criminal and proxy networks, with both countries seeking to limit Tehran\u2019s financial reach and international operational capacity.<span class=\"id-r-component br\" data-pos=\"9\"\/><\/p>\n<p><h2><keyword id=\"21748971\" type=\"General\" weightage=\"20\" keywordseo=\"US-sanctions-on-Iran\" source=\"keywords\">US sanctions on Iran<\/keyword><\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"11\"\/>The US imposed sanctions on 12 individuals and entities it said were involved in facilitating the sale and shipment of Iranian oil to China, just days ahead of US President Donald Trump\u2019s visit to Beijing.<span class=\"id-r-component br\" data-pos=\"13\"\/>In a statement, the US Treasury said Iran\u2019s Islamic Revolutionary Guard Corps (IRGC) \u201crelies on front companies in permissive economic jurisdictions to obfuscate its role in oil sales and funnel the revenue to the Iranian regime.\u201d<span class=\"id-r-component br\" data-pos=\"16\"\/>The measures cover three Iran-based individuals and nine companies based in Hong Kong and the United Arab Emirates. <span class=\"id-r-component br\" data-pos=\"18\"\/>Any US-based assets belonging to those designated will be blocked, while American individuals and companies are prohibited from engaging in transactions with them.<span class=\"id-r-component br\" data-pos=\"20\"\/>US Treasury Secretary Scott Bessent said, \u201cAs Iran\u2019s military desperately tries to regroup, Economic Fury will continue to deprive the regime of funding for its weapons programs, terrorist proxies, and nuclear ambitions,\u201d referring to the ongoing pressure campaign.<span class=\"id-r-component br\" data-pos=\"23\"\/>The sanctions come amid continuing disruption to global energy flows, with Tehran having effectively blocked the Strait of Hormuz, a key passage through which nearly a fifth of the world\u2019s oil and gas is transported.<span class=\"id-r-component br\" data-pos=\"25\"\/>While the US eased some restrictions on Iranian oil in March to address global supply concerns, it has since reinstated tighter measures.<span class=\"id-r-component br\" data-pos=\"27\"\/>A significant portion of Iranian oil continues to flow towards Asia, with China remaining one of its largest importers and a key trading partner.<span class=\"id-r-component br\" data-pos=\"30\"\/>The timing of the US action comes ahead of President Trump\u2019s visit to Beijing later this week, where he is expected to meet Chinese President Xi Jinping for talks focused largely on trade disputes.<span class=\"id-r-component br\" data-pos=\"32\"\/>Iran is also expected to feature in discussions, with Washington seeking greater pressure from Beijing on Tehran.<span class=\"id-r-component br\" data-pos=\"34\"\/>Earlier, the US State Department sanctioned three China-based satellite companies on Friday over alleged support for Iran\u2019s military operations, while the Treasury has previously targeted firms in mainland China and Hong Kong linked to Iranian weapons supply chains.<span class=\"id-r-component br\" data-pos=\"37\"\/><\/p>\n<p><h2><keyword id=\"36089555\" type=\"General\" weightage=\"20\" keywordseo=\"UK-sanctions-on-Iran\" source=\"keywords\">UK sanctions on Iran<\/keyword><\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"39\"\/>Separately, the United Kingdom on Monday imposed sanctions on 12 Iran-linked individuals and entities accused of involvement in \u201chostile activities\u201d against the UK and other countries.<span class=\"id-r-component br\" data-pos=\"41\"\/>The UK Foreign Office updated its sanctions list to include nine individuals, two shadow banking exchange houses, and the Zindashti network, which it described as criminal.<span class=\"id-r-component br\" data-pos=\"43\"\/>The UK had already sanctioned alleged network leader Naji Ibrahim Sharifi-Zindashti in 2024 alongside the United States, identifying him as head of an international drug and trafficking cartel.<span class=\"id-r-component br\" data-pos=\"46\"\/>The European Union sanctioned the same network last year, with London, Washington and Brussels all alleging links to Iran\u2019s Ministry of Intelligence and Security and accusing it of involvement in assassination and kidnapping operations targeting critics of Tehran.<span class=\"id-r-component br\" data-pos=\"48\"\/>The latest UK measures come amid a series of recent incidents targeting the Jewish community in Britain, with officials warning that hostile states are increasingly using proxy networks.<span class=\"id-r-component br\" data-pos=\"51\"\/>Among those sanctioned was Ekrem Abdulkerym Oztunc, a Turkish national and nephew of Zindashti.<span class=\"id-r-component br\" data-pos=\"53\"\/>The UK also targeted five members of the Zarringhalam family: Farhad, Fazlolah, Mansour, Nasser and Pouria, accusing them of helping finance efforts to \u201cdestabilise\u201d the country.<span class=\"id-r-component br\" data-pos=\"55\"\/>Mansour, Nasser and Fazlolah Zarringhalam were previously sanctioned by the United States last year for their role in Iran\u2019s \u201cshadow banking\u201d system.<span class=\"id-r-component br\" data-pos=\"58\"\/>The US Treasury stated that the trio had \u201ccollectively laundered billions of dollars\u201d for Iran through front companies operating in the United Arab Emirates and Hong Kong.<span class=\"id-r-component br\" data-pos=\"60\"\/>London also added Berelian Exchange and GCM Exchange, both Iran-based exchange houses previously sanctioned by the US, to its sanctions list due to their links to the same network.<span class=\"id-r-component br\" data-pos=\"62\"\/>Other individuals sanctioned by the UK include Iranians Nihat Abdul Kadir Asan and Reza Hamidiravari, along with Azerbaijani national Namiq Salifov, all of whom face travel bans and asset freezes.<span class=\"id-r-component br\" data-pos=\"64\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/international-business\/us-uk-sanctions-target-iran-linked-network-accused-of-plotting-attacks-and-moving-funds\/articleshow\/131027675.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The United States and the United Kingdom on Monday announced seperate sanctions aimed at increasing pressure on Iran by targeting individuals, companies and networks accused of facilitating oil sales, financial transactions and \u201chostile activities\u201d. The US measures focus on disrupting Iran\u2019s oil exports to China and cutting off funding linked to the Islamic Revolutionary Guard&#8230;<\/p>\n","protected":false},"author":1,"featured_media":15219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-15218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/posts\/15218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15218"}],"version-history":[{"count":0,"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/posts\/15218\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/media\/15219"}],"wp:attachment":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}