Treasury Dept.: Economic Fury Targets Illicit Oil Smuggling Network Run by Iranian Regime Elite
April 16, 2026
April 16, 2026
WASHINGTON, April 16 -- The U.S. Department of the Treasury issued the following news release on April 15, 2026:
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Economic Fury Targets Illicit Oil Smuggling Network Run by Iranian Regime Elite
Action Also Targets Hizballah Gold Scheme Benefitting Iran's Military
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Today, the Department of the Treasury's Office of Foreign Assets Control (OFAC) intensified pressure on Iran's illicit oil transportation infrastruct . . .
* * *
Economic Fury Targets Illicit Oil Smuggling Network Run by Iranian Regime Elite
Action Also Targets Hizballah Gold Scheme Benefitting Iran's Military
*
Today, the Department of the Treasury's Office of Foreign Assets Control (OFAC) intensified pressure on Iran's illicit oil transportation infrastruct . . .