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Deep Tide TechFlow News, May 30 — The U.S. Department of the Treasury announced a new round of sanctions against Iran. As part of the "Economic Fury Operation," multiple individuals and entities related to Iran have been added to the sanctions list to further increase economic pressure on Iran.
The U.S. Department of the Treasury stated that its Office of Foreign Assets Control (OFAC), in conjunction with the U.S. Department of Commerce and the FBI Los Angeles Field Office, took action against a procurement network located in Iran. The network is accused of disguising identities and using fraud to procure goods from American companies and supply them to Iran’s Ministry of Defense and other sanctioned entities.
According to Iranian sources, this round of sanctions involves 8 individuals and 5 entities.