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Treasury Dept.: Economic Fury Ramps Up Pressure on Iran's Islamic Revolutionary Guard Corps Oil Operations
May 12, 2026
WASHINGTON, May 12 -- The U.S. Department of the Treasury issued the following news release on May 11, 2026:

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Economic Fury Ramps Up Pressure on Iran's Islamic Revolutionary Guard Corps Oil Operations

Today, the Department of the Treasury's Office of Foreign Assets Control (OFAC) is designating 12 individuals and entities for their roles enabling the Islamic Revolutionary Guard Corps' (IRGC) sale and shipment of Iranian oil to the People . . .

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