The U.S. Treasury sanctioned a network of 15 entities and 8 vessels across multiple jurisdictions for their role in facilitating the illicit sale and shipment of Iranian oil and petrochemicals. The network, led by IRGC-Qods Force officials, used a complex web of front companies and ship-to-ship transfers to obscure the origin of the cargo, generating hundreds of millions of dollars for the Iranian regime. This action, taken under the ITSR program, aims to disrupt a key source of funding for Iran's malign activities.