The US Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned four individuals and nine entities linked to an Iranian financial evasion network.
The move, announced Friday, aims to disrupt funding channels that bypass existing restrictions on Iran’s economy and military activities.
The sanctions come as markets continue to price in elevated geopolitical risk stemming from tensions in the Middle East.
Energy markets remain sensitive to any escalation involving Iran, with oil prices already reflecting concerns over supply disruptions.
Simultaneously, safe-haven assets like gold and US Treasuries are seeing renewed interest as investors hedge against potential volatility.
This action follows a series of recent US measures targeting Iran’s financial infrastructure.