US imposes sanctions on global financial network facilitating Iranian oil sales
The US has sanctioned a financial network tied to Iranian oil sales, targeting entities in Hong Kong and the UAE to disrupt funding for Iran’s military and proxies.
The IRGC’s control over Iran’s oil industry has grown to such a point, experts now estimate 50% of the country's oil wealth is siphoned to the military organization(photo credit: WANA handout via REUTERS/ANONYMOUS/Middle East Images/AFP via Getty Images)ByJERUSALEM POST STAFF