US Tightens Economic Noose On Iran, Targets Shadow Banking, Sanctions 35 Key Operators

The United States has sanctioned 35 entities and individuals linked to Iran’s alleged shadow banking network, widening pressure on Tehran as Washington seeks to cut off key revenue channels. The move sharpens the US maximum pressure campaign and signals that financial routes used outside regular banking systems remain a central target. The US State Department said the designations focus on operators of shadow banking networks that allegedly help Iran’s military forces, including the Islamic Revolutionary Guard Corps, access the international financial system outside normal regulatory channels. It said those networks help move proceeds from illicit oil sales, support procurement of…