May 30, 2024

Designating Financial Supporters of Iran’s Ministry of Defense  

Designating Financial Supporters of Iran’s Ministry of Defense  

The United States is today designating one entity and identifying 13 associated vessels as blocked property, as well as updating one vessel name on the SDN List, for facilitating illicit trade in support of Iran’s Armed Forces General Staff (AFGS) and Ministry of Defense and Armed Forces Logistics (MODAFL).

The United States will continue to take action against entities that transport cargoes or facilitate transactions in support of MODAFL and the AFGS, the Islamic Revolutionary Guard Corps, or Iran’s foreign proxy and partner groups.  We remain committed to disrupting illicit funding streams financing Iran’s production of weapons that support Russia’s war against Ukraine and the attacks by Iranian proxy groups throughout the Middle East.

The Department of the Treasury designations were taken pursuant to Executive Order 13224, as amended, which targets terrorist groups and their supporters.  For more information on today’s action, see Treasury’s press release.

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