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US Offers $15 Million Reward to Disrupt Iran Military Funding Networks
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Moneycontrol•30-09-2026, 03:47
US Offers $15 Million Reward to Disrupt Iran Military Funding Networks
- •The US State Department announced a $15 million reward for information to disrupt the financial networks of Iran's Islamic Revolutionary Guard Corps (IRGC).
- •This initiative is part of a broader US campaign to curb Iran's access to weapons and funding.
- •US State Department spokesman Tommy Pigott also announced new sanctions targeting individuals and entities involved in procuring weapons for Iran.
- •The Treasury Department sanctioned 10 individuals and entities from China, Hong Kong, and Pakistan for aiding Iran's weapons procurement, including ballistic missile and drone programs.
- •The US will continue to coordinate with international partners to dismantle Iran's weapons procurement networks and restrict military support.
Key Questions Answered
The US State Department has announced a $15 million reward for information that helps disrupt the financial networks of Iran's Islamic Revolutionary Guard Corps (IRGC).
The Treasury Department sanctioned individuals and entities based in China, Hong Kong, and Pakistan that were accused of helping Iran procure weapons and components.
The recent sanctions are intended to disrupt Tehran's military supply chains, specifically targeting networks linked to its ballistic missile and drone programs.
