![\"The](\"https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/sites\/2\/2019\/09\/OFAC_800.png\" "\\"OFAC_800\\"")
<\/p>\n<\/p>\n
The United States on Wednesday imposed sanctions on a vast petroleum shipping network run by Iran’s regime that supports the terrorist Revolutionary Guards (IRGC) Quds Force and that has moved hundreds of millions of dollars to the Assad regime and Lebanese Hizballah.<\/p>\n
<\/p>\n
The Treasury said in a statement<\/a> on September 4, 2019: “The Department of the Treasury\u2019s Office of Foreign Assets Control (OFAC) took action against a large shipping network that is directed by and financially supports the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and its terrorist proxy Hizballah.”<\/p>\n Over the past year, the IRGC-QF has moved oil worth hundreds of millions of dollars or more through this network for the benefit of the brutal Assad regime, Hezbollah, and other illicit actors, the Treasury said.<\/p>\n Senior IRGC-QF official and the regime’s former Minister of Petroleum Rostam Qasemi oversees this sprawling network, which features dozens of ship managers, vessels, and facilitators, the Treasury statement said.<\/p>\n This complex network of intermediaries enables the IRGC-QF to obfuscate its involvement in selling Iranian oil, it said, adding, that the IRGC-QF also relies heavily on Hizballah officials and front companies to broker associated contracts.<\/p>\n Treasury designates vast Iranian petroleum shipping network that supports the IRGC-QF and moved hundreds of millions of dollars to the Assad regime and Hizballah https:\/\/t.co\/gJoJuoXxU5<\/a><\/p>\n\n