By using this site, you agree to our Privacy Policy and Terms of Use.
Accept
VellaTimesVellaTimesVellaTimes
  • News
    NewsShow More
    A glowing artificial intelligence computer chip resting on a high-tech server board inside a modern, dimly lit data center.
    Nvidia H200 AI Chips Get China Approval Amid DOJ Scrutiny
    March 19, 2026
    A heavily armed tactical police convoy parked on an airport tarmac near an unmarked transport plane under the flashing lights of a pre-dawn operation.
    Sebastian Marset Arrested: Uruguayan Drug Lord Sent to US
    March 19, 2026
    A glowing 3D molecular structure hovering in a modern laboratory with tropical plant leaves visible in a glass terrarium in the background.
    Malaria Drug Plant Pathway: Quinine Mystery Solved
    March 19, 2026
    A modern digital screen displaying a search interface with artificial intelligence graphics, representing Google's new publisher controls and regulatory changes in the UK tech sector.
    Google to Introduce AI Opt-Out Controls Amid UK Competition Concerns
    March 19, 2026
    A glowing, futuristic AI data center filled with advanced server racks representing the infrastructure discussed at NVIDIA GTC 2026.
    NVIDIA GTC 2026: Agentic AI and the $1 Trillion Future
    March 19, 2026
  • Technology
    TechnologyShow More
    A glowing artificial intelligence computer chip resting on a high-tech server board inside a modern, dimly lit data center.
    Nvidia H200 AI Chips Get China Approval Amid DOJ Scrutiny
    March 19, 2026
    A glowing, futuristic AI data center filled with advanced server racks representing the infrastructure discussed at NVIDIA GTC 2026.
    NVIDIA GTC 2026: Agentic AI and the $1 Trillion Future
    March 19, 2026
    Wide view of a modern semiconductor fabrication plant with automated wafer equipment and engineers in protective suits on the production floor.
    Semiconductor Capex Risk Grows as India Expands Fabs
    March 18, 2026
    A glowing smartphone screen showing an artificial intelligence chat interface on a dark desk, representing AI chatbot safety concerns.
    AI Chatbot Safety Concerns Mount Amid Lawsuits and Violence
    March 18, 2026
    A modern corporate glass building at dusk with a blue artificial intelligence hologram glowing above it.
    Meta Shares Jump as Zuckerberg Weighs Major Layoffs to Offset AI Spending
    March 18, 2026
  • AI
    AIShow More
    A modern digital screen displaying a search interface with artificial intelligence graphics, representing Google's new publisher controls and regulatory changes in the UK tech sector.
    Google to Introduce AI Opt-Out Controls Amid UK Competition Concerns
    March 19, 2026
    A sleek laptop on a modern office desk displaying an advanced AI interface integrated into a document, representing the new Google Gemini Workspace features.
    Google Gemini Workspace Features: Powerful AI Upgrades
    March 18, 2026
    A modern corporate boardroom featuring a glowing holographic interface representing enterprise AI agents managing data and workflows.
    Enterprise AI Agents: Microsoft & Nvidia Lead the Race
    March 18, 2026
    A high-tech conference stage featuring a large illuminated screen displaying glowing artificial intelligence and autonomous vehicle graphics.
    Nvidia GTC 2026: AI Revenue and Robotaxi Expansion
    March 18, 2026
    A sleek Nvidia graphics card with green LED lighting on a dark high-tech desk in front of blurred gaming monitors.
    Nvidia DLSS 5: AI-Powered Photorealism for PC Games
    March 17, 2026
  • Science
    ScienceShow More
    A glowing 3D molecular structure hovering in a modern laboratory with tropical plant leaves visible in a glass terrarium in the background.
    Malaria Drug Plant Pathway: Quinine Mystery Solved
    March 19, 2026
    Close-up of ancient sedimentary rock layers with a glowing clock dial overlay, resting on a laboratory table alongside geological drill cores.
    New Rock Clock Refines Timeline of Earth’s Early Complex Animal Life
    March 18, 2026
    A digital artificial intelligence network mapped over a flooded city street, representing AI flood forecasting technology.
    Google Transforms AI Flood Forecasting Using 5 Million News Articles
    March 18, 2026
    A bright fireball meteor soaring over a suburban neighborhood during the day, leaving a glowing, fiery trail in the clear blue sky above residential rooftops.
    Ohio Meteor Boom: Daylight Fireball Triggers Massive Shock Wave
    March 18, 2026
    A microscopic 3D rendering of glowing intelectin-2 proteins reinforcing a mucus barrier and neutralizing harmful bacteria in the human gut.
    MIT Scientists Discover Gut Protein That Kills Bacteria
    March 17, 2026
  • World
    WorldShow More
    A heavily armed tactical police convoy parked on an airport tarmac near an unmarked transport plane under the flashing lights of a pre-dawn operation.
    Sebastian Marset Arrested: Uruguayan Drug Lord Sent to US
    March 19, 2026
    Industrial gas facility engulfed in flames and smoke with overlaid financial tickers showing surging global oil prices.
    Israel-Iran Conflict: Oil Prices Surge After Strikes
    March 19, 2026
    A dark street in Havana, Cuba, entirely without power during a nationwide electrical grid collapse, illuminated only by faint flashlights and headlights.
    Cuba Blackout: Nationwide Grid Collapses Amid U.S. Blockade
    March 18, 2026
    Nighttime rescue operations underway at the destroyed Omid Addiction Treatment Hospital in Kabul following a devastating airstrike, with first responders searching the rubble using flashlights.
    Pakistan Airstrike on Kabul Hospital Leaves Hundreds Dead Amid Escalating Tensions
    March 18, 2026
    A large commercial oil tanker anchored near an illuminated coastal energy hub at dusk.
    Strait of Hormuz Crisis: Oil Spikes & US Diesel Tops $5
    March 18, 2026
  • Bookmarks
Search
Category
  • News
  • Technology
  • AI
  • Science
  • World
Company
  • About Us
  • Contact Us
  • Fact Checking Policy
  • Terms & Conditions
  • Privacy Policy
  • Copyright Policy
Resources
  • Home
  • Web Stories
  • Bookmarks
  • Interests
  • Disclaimer
  • Sitemap
© 2022 VellaTimes • All Rights Reserved.
Reading: US sanctions on Iran over protest crackdown and shadow banks
Share
Notification Show More
Font ResizerAa
VellaTimesVellaTimes
Font ResizerAa
  • News
  • Technology
  • AI
  • Science
  • World
Search
  • Explore
    • News
    • Technology
    • AI
    • Science
    • World
  • Useful Links
    • About Us
    • Contact Us
    • Fact Checking Policy
    • Terms & Conditions
    • Privacy Policy
    • Copyright Policy
  • Home
  • Web Stories
  • Bookmarks
  • Interests
  • Disclaimer
  • Sitemap
© 2022 VellaTimes • All Rights Reserved.
News

US sanctions on Iran over protest crackdown and shadow banks

Rakesh Paul
Last updated: 16/01/2026
Rakesh Paul
Share
7 Min Read
A wide news-style image of a government building at dusk with a blurred protest crowd in the background and financial document imagery in the foreground.

The United States has imposed new sanctions on Iranian security officials, financial networks and a prison, saying the measures respond to what US officials described as a violent crackdown on protests across Iran. The US Treasury Department said the actions also target “shadow banking” networks it accused of laundering proceeds tied to Iranian petroleum and petrochemical sales.

Contents
Who was sanctioned and whySanctions include Fardis PrisonUS claims about the crackdownWhat US officials say sparked the protestsShadow banking networks and alleged oil-linked launderingBessent’s warning and US pressure campaign

US Treasury Secretary Scott Bessent said the sanctions were carried out at the direction of President Donald Trump and are aimed at Iranian leaders involved in what the US described as a brutal crackdown against protesters. Bessent also said the United States “stands firmly” behind the Iranian people in their calls for freedom and justice.

Who was sanctioned and why

The US Treasury Department said it sanctioned five Iranian officials for their alleged role in coordinating the state response to protests that erupted in December. Those designated include Ali Larijani, who the US identified as secretary of Iran’s Supreme Council for National Security and described as a key figure behind the use of force against demonstrators.

The Treasury said the sanctions also target senior commanders from the Islamic Revolutionary Guard Corps and Iran’s law enforcement agencies. A separate US State Department statement from Principal Deputy Spokesperson Tommy Pigott said the Iranian government responded to protesters with violence and what he called cruel repression.

Sanctions include Fardis Prison

US officials said the sanctions include Fardis Prison, which they described as a place where women have faced “cruel, inhuman, and degrading treatment.” The US government said the new measures were part of a broader response to what it characterized as a violent crackdown on peaceful protests.

US claims about the crackdown

US officials said Iran’s security forces fired live ammunition at demonstrators, leading to deaths and injuries in multiple provinces. The Treasury also cited an incident in Ilam Province in which elements of the IRGC allegedly attacked wounded protesters inside a hospital, using tear gas and metal pellets and assaulting patients, family members and medical workers.

The Treasury said several provincial commanders were sanctioned for overseeing what it described as violent operations. It named Mohammad Reza Hashemifar, described as commander of Iran’s Law Enforcement Forces in Lorestan Province, and IRGC commander Nematollah Bagheri, accusing them of responsibility for shootings and intimidation of civilians.

In Fars Province, the Treasury said it sanctioned Law Enforcement Forces commander Azizollah Maleki and IRGC commander Yadollah Buali over killings of protesters in Shiraz. US officials said hospitals in Shiraz were overwhelmed with gunshot victims, and that other patients were turned away.

The Treasury also said families of those killed were pressured to give what it described as false testimony on state television or risk not receiving the bodies of their relatives. The Treasury said Larijani was among the first Iranian leaders to call for violence in response to protests that US officials described as legitimate demands by demonstrators.

What US officials say sparked the protests

The Treasury described the protests as starting over rising prices and later expanding into one of the most serious challenges to Iran’s clerical establishment since the 1979 Islamic Revolution. US officials also described the protest movement as beginning in December 2025.

The Treasury cited figures from the US-based Human Rights Activists News Agency (HRANA), saying at least 2,435 protesters and 153 government-affiliated individuals have been killed since the unrest began. Moneycontrol also reported that Iranian authorities continued a hard crackdown on demonstrations that started on December 28.

Shadow banking networks and alleged oil-linked laundering

Alongside the sanctions tied to the crackdown, the Treasury said it imposed sanctions on 18 individuals accused of helping launder proceeds from Iranian petroleum and petrochemical sales through “shadow banking” networks. US officials said these networks are tied to sanctioned Iranian financial institutions Bank Melli and Shahr Bank and rely on front companies in several countries.

Among the entities named in the Treasury description were Iran-based Nikan Pezhvak Aria Kish Company, UAE-based Empire International Trading FZE and Singapore-based Golden Mist PTE. Ltd. The Treasury also described additional sanctions targeting Shahr Bank-linked companies, including HMS Trading FZE and Tejarat Hermes Energy Qeshm, along with multiple trading and shipping firms it accused of facilitating oil and petrochemical exports.

US officials alleged that funds generated through these networks were used to finance repression inside Iran and support militant groups abroad rather than helping ordinary Iranians facing economic hardship. The Treasury said that, under the sanctions, property and interests of designated persons under US jurisdiction are blocked, and US persons are generally prohibited from conducting transactions with them.

Bessent’s warning and US pressure campaign

In a video message described in the coverage, Bessent warned Iran’s leadership that US authorities were tracking funds he said were being moved out of the country. He said the Treasury would pursue such transfers globally and urged Iranian leaders to change course, while also calling on them to stop violence and stand with the people of Iran.

Moneycontrol reported that the new measures add pressure on Tehran under Trump’s revived “maximum pressure” campaign. The same report said the actions are part of US efforts aimed at curbing Iran’s oil exports and preventing Tehran from developing nuclear weapons.

TAGGED: Ali Larijani, Bank Melli, Fardis Prison, Iran protests, IRGC, Scott Bessent, shadow banking, Shahr Bank, US sanctions, US Treasury
Share This Article
Facebook Twitter Whatsapp Whatsapp Telegram Copy Link
By Rakesh Paul
I'm the Co-Founder of VellaTimes and an experienced digital marketer. With substantial experience in the blogging industry, I love crafting insightful and engaging news articles on technology, sports, and automobiles.
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Most Read

DeepSeek V4 Launch: 1T Parameters and 1M Token Context

March 9, 2026

ChatGPT Restored After Major Global Outage Amid OpenAI Code Red

March 11, 2026

Meta layoffs could hit 16,000 as AI spending rises

March 15, 2026

Trump Greenland annexation: White House keeps options open

January 7, 2026

Nvidia AI Chip Dominance Tested Despite Record Earnings

February 28, 2026

US Embassy in Venezuela Reopens After Seven-Year Closure

March 15, 2026

Related News

A glowing artificial intelligence computer chip resting on a high-tech server board inside a modern, dimly lit data center.
News

Nvidia H200 AI Chips Get China Approval Amid DOJ Scrutiny

Rakesh Paul Rakesh Paul March 19, 2026
A heavily armed tactical police convoy parked on an airport tarmac near an unmarked transport plane under the flashing lights of a pre-dawn operation.
News

Sebastian Marset Arrested: Uruguayan Drug Lord Sent to US

Editorial Staff Editorial Staff March 19, 2026
A glowing 3D molecular structure hovering in a modern laboratory with tropical plant leaves visible in a glass terrarium in the background.
News

Malaria Drug Plant Pathway: Quinine Mystery Solved

Rakesh Paul Rakesh Paul March 19, 2026

About Us

VellaTimesVellaTimesVellaTimes

VellaTimes is a leading news portal that covers the latest trending news in technology, lifestyle, entertainment, automobiles, travel, and sports.

Explore

  • News
  • Technology
  • AI
  • Science
  • World

Useful Links

  • About Us
  • Contact Us
  • Fact Checking Policy
  • Terms & Conditions
  • Privacy Policy
  • Copyright Policy

Subscribe Us

Subscribe to our newsletter for the Latest News and Top Stories!

© 2022 VellaTimes • All Rights Reserved.
  • Home
  • Web Stories
  • Bookmarks
  • Interests
  • Disclaimer
  • Sitemap
adbanner
AdBlocker Detected
Our site is an advertising supported site. Please whitelist us to support our work.
Okay, I'll Whitelist