The United States will not tolerate Iran's destructive and destabilizing behavior and is today sanctioning an international network that channels illicit revenue to the Iranian military. This network is being designated for facilitating millions of barrels of illicit Iranian oil shipments to China to fund Iran's Armed Forces General Staff through its front company Sepehr Energy. Proceeds of these sales support terrorist and proxy groups.
In addition, the United States is targeting shadow fleet vessels and management companies that transported Iranian oil, aiding Iran's ability to promote destabilizing activities in the region.
We will disrupt illicit funding streams financing Iran's armed forces and terrorist groups, such as Hamas and Hizballah. We will use all tools at our disposal to hold the regime accountable for its destabilizing activities and pursuit of nuclear weapons that threaten the civilized world.
