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Benzinga
Benzinga
Business
Snigdha Gairola

Scott Bessent Hits Iran-Backed Maritime Network With Sanctions, Says US Won’t Let Tehran 'Hold Global Commerce Hostage'

Scott Bessent Iran United States Tehran Donald Trump IRGC the Treasury Department Islamic Revolutionary Guard Corps X JD Vance
January,16,,2025,-,Washington,Dc:,The,Senate,Finance,Committee

The Treasury Department announced sanctions against two Iran-linked companies accused of supporting an Islamic Revolutionary Guard Corps-backed maritime scheme, with Treasury Secretary Scott Bessent warning that Tehran is exploiting global shipping networks to generate revenue.

Treasury Targets Iran Maritime Network

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