September 10, 2019 Update:
OFAC imposed sanctions on a series of 15 leaders, facilitators, and entities affiliated with terrorist groups. The Treasury targeted groups including entities affiliated with Hamas, the Islamic State of Iraq and Syria (ISIS), al-Qaida and the IRGC-QF.
September 4, 2019 Update:
OFAC took action against a large shipping network that is directed by and financially supports the IRGC-QF. The Iranian petroleum shipping network moved hundreds of millions of dollars to the Assad regime and Hezbollah.
September 3, 2019 Update:
The State Department imposed sanctions against Iran's space program following a failed attempt to launch a rocket, which the U.S. suspects was an effort to advance the regime's ballistic missile program.
In a 24-hour time frame, the U.S. Treasury Department imposed sanctions on individuals and entities supporting Iran, Hezbollah and Hamas.
On Aug. 28, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two procurement networks that were providing financial support to Iran’s missile proliferation programs. These sanctions are part of an overall U.S. initiative to heighten economic pressure on Iran as the regime works toward a nuclear weapons capability. In coordination with the Federal Bureau of Investigation (FBI), OFAC targeted these networks—pursuant to Executive Order (E.O.) 13382 for supporting various Iranian military organizations—as part of a growing effort to push back on Iran’s malign actions.
According to the release, two of the sanctioned entities are owned and controlled by Iranian nationals Hamed Dehghan and Seyed Hossein Shariat. Hong Kong-based Green Industries and its owner Dehghan were targeted for attempting to obtain export-controlled military end-use equipment from U.S. suppliers for OFAC-designated Iranian entities. Asre Sanat Eshragh Company and its general manager Shariat were sanctioned for attaining aluminum alloy products controlled by the Nuclear Suppliers Group—a body that oversees the export of goods that can be used for nuclear weapons manufacturing for organizations owned by Iran’s Defense Ministry.
The following day, Aug. 29, OFAC sanctioned Jammal Trust Bank, a Lebanon-based financial institution that was intentionally facilitating banking activities for Hezbollah. As the first major action by the United States against a Lebanese bank since 2011, OFAC exercised the authority granted by the Hizballah International Financing Prevention Amendments Act of 2018 (S.1595) to sanction the bank.
That same day, OFAC, with the Sultanate of Oman, designated financial facilitators responsible for moving tens of millions of dollars between the IRGC Qud’s Force (IRGC-QF) and Hamas’ operational arm. Muhammad Sarur, Kamal Abdelrahman Aref Awad, Fawaz Mahmud Ali Nasser and Muhammad Kamal al-Ayy were all sanctioned for providing support to the terrorist group Hamas—specifically for providing significant help in transporting goods and finances between the Iranian regime and Hamas, as well as to end users in the West Bank.
According to Treasury’s Under Secretary for Terrorism and Financial Intelligence Sigal Mandelker, “these facilitators funneled tens of millions of dollars from Iran’s Quds Force through Hezbollah in Lebanon to Hamas for terrorist attacks originating from the Gaza Strip. Hamas’ continued violent campaign against innocent civilians and the State of Israel is to the great detriment of the people in Gaza.”