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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

US Says it Imposes Sanctions on Moscow-Backed Iranian Oil Smuggling Network

The United States Department of the Treasury is seen in Washington, DC, US, August 30, 2020. (Reuters)

The United States on Wednesday imposed sanctions on what it described as a Russian-backed oil smuggling and money laundering network for Iran's Revolutionary Guards Quds Force, even as Washington tries to revive the Iran nuclear deal.

The US Treasury Department said the network was led by current and former Quds Force figures, "backed by senior levels of the Russian Federation government" and included Chinese companies and a former Afghan diplomat. It had raised hundreds of millions of dollars for Iran's Quds Force and Tehran's Lebanese allies Hezbollah, and helped Tehran support proxy militant groups, Treasury said.

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