US Treasury's OFAC designated 35 entities and individuals linked to Iran's shadow banking network on 29 April 2026.
The designations target rahbar companies facilitating illicit oil sales, missile component purchases, and funding for IRGC and terrorist proxies.
Action invoked Executive Orders 13902 and 13224, building on Jan 15 2026 sanctions against Bank Melli and Bank‑e Shahr networks.
OFAC also warned of sanctions risk for toll payments through Strait of Hormuz and blocked all US‑based property of designated parties.