US sanctions target Iran funding
By China Daily | China Daily | Updated: 2018-05-12 07:04
EU foreign ministers will meet to try to salvage nuclear accord
The United States on Thursday imposed sanctions against six individuals and three companies it said were funneling millions of dollars to Iran's Islamic Revolutionary Guard's elite Quds Force, just days after President Donald Trump withdrew from the 2015 Iran nuclear deal.
The Treasury Department, acting with the United Arab Emirates where those companies were located, said it had disrupted the large network's operations, and accused Iran's central bank of helping the group access dollars held in foreign banks to sidestep Western sanctions.
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