US Imposes New Sanctions on Iranian Financier Zanjani’s Network
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2h ago

US Imposes New Sanctions on Iranian Financier Zanjani’s Network

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The United States has imposed additional sanctions targeting nine firms and four individuals connected to Iranian financier Babak Zanjani, intensifying economic pressure on Tehran. The Treasury Department announced the measures Friday as President Donald Trump warned of a potential “massive attack” against Iran if it does not negotiate.

The new sanctions aim to disrupt Zanjani’s network, which has been used to evade existing US sanctions and facilitate illicit financial activities for the Iranian government. According to reports, these individuals and companies played a role in concealing assets and conducting transactions on behalf of Zanjani. The US first sanctioned Zanjani in 2013, alleging he had orchestrated a scheme to funnel billions of dollars of oil revenue through his network while circumventing international sanctions.

The Friday announcement expands those existing sanctions, further restricting access to the US financial system for those involved. No details were provided regarding the specific assets frozen or transactions blocked by these new measures. The move comes amid escalating tensions between Washington and Tehran following the US withdrawal from the Iran nuclear deal in 2018.

While all sources report the imposition of sanctions, there is no divergence in framing. Newsmax and Bloomberg both reported the same basic facts as Middle East Eye: that further sanctions were levied against Zanjani’s network on Friday. No right-leaning outlets beyond Newsmax covered this story.

The impact of these new sanctions remains to be seen, but they signal a continued commitment by the US government to exert maximum pressure on Iran until it alters its behavior and returns to negotiations.

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