US Treasury directs banks to identify suspected Iranian money-laundering networksIranian money-laundering networks
The Trump administration has instructed US banks to flag customers suspected of laundering funds for Iran's Revolutionary Guard, targeting newly formed companies moving unusually large sums, firms routing payments through multiple intermediaries, and transactions linked to Iranian entities.
The directive aims to disrupt financial flows supporting Iranian military and security operations. The move reflects ongoing US efforts to enforce sanctions and counter Iranian financial networks amid broader regional tensions.
- Iran's IRGC was founded post-1979 Revolution to safeguard the Islamic Republic from internal coups.
- The 2015 JCPOA nuclear deal, from which Trump withdrew, temporarily lifted many Iran sanctions in exchange for uranium limits.
US-Iran Ceasefire War
The United States launched military strikes against Iran on June 26, 2026, in response to a drone attack on a commercial cargo ship in the Strait of Hormuz, calling it a "foolish violation" of the 60-day ceasefire agreement signed just days earlier[2][4][14].
26 June, 09:35 PM
US launches strikes against Iran following commercial ship attack26 June, 04:47 PM
Trump calls Iran drone attack on cargo ship a ceasefire violation
