Coverage dated June 24, 2024

U.S. sanctions 'sprawling' shadow banking network for supporting Iranian military

Headline from WHEC Rochester

WASHINGTON (AP) — A group of 50 people and firms across across Hong Kong, the United Arab Emirates and the Marshall Islands that have been acting as a “sprawling shadow banking network” for Iran's military were hit with economic sanctions Tuesday, the U.S. Treasury Department said.

WHEC Rochester's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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6 articles, oldest first.

WHEC Rochester
U.S. sanctions 'sprawling' shadow banking network for supporting Iranian military (opens WHEC Rochester)
Published Jun 24, 2024
WHEC Rochester's feed description
WASHINGTON (AP) — A group of 50 people and firms across across Hong Kong, the United Arab Emirates and the Marshall Islands that have been acting as a “sprawling shadow banking network” for Iran's military were hit with economic sanctions Tuesday, the U.S. Treasury Department said.
Al-Monitor
US sanctions 'shadow banking network' used by Iran's military (opens Al-Monitor)
Published Jun 24, 2024
Al-Monitor's feed description
The sweeping new sanctions come days before Iran holds elections to replace its late President Ebrahim Raisi, who died in a helicopter crash last month.
Al Jazeera
US sanctions ‘sprawling shadow banking network’ that helps Iran’s military (opens Al Jazeera)
Published Jun 24, 2024
Al Jazeera's feed description
Those sanctioned are involved in the sale of Iranian oil and petrochemicals, money that pays for weapons, proxy groups.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.