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newsMar 6, 20261:09

US Seizes $15M in Iran Oil Sanctions Case

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U.S. Justice Department seizes $15.3M linked to Iranian oil sanction-breaking network, targeting sanction-breaking operations amid rising tensions.

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US Seizes $15M in Iran Oil Sanctions Case

Global News Today | 2 Min News | The Daily News Now!

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Global News Today | 2 Min News | The Daily News Now!US Seizes $15M in Iran Oil Sanctions Case. Machine-transcribed; use the interactive transcript above to jump the player to any line.

On March 6th, here's the latest in global news. The United States Justice Department filed two civil forfeiture complaints on Friday to seize more than $15,300,000. Officials say the money funded in a legal network distributing Iranian oil and clear violation of American sanctions. The funds were linked to Mohammed Hussein Shamkani, who allegedly ran several companies that sold and shipped Iranian oil and other goods. This operation dodged restrictions aimed at curbing Iran's economic activities. Shamkani is the son of Ali Shamkani. Once a key adviser to Iran's former Supreme Leader Ayatollah Ali Kameneh. Both men held major influence in the Iranian regime. Just last week, Ali Shamkani and Ayatollah Kameneh were killed in strikes by the United States in Israel targeting Iran. This timing adds weight to the forfeiture push. Justice officials continue to target the sanction-breaking networks, showing no let-up and enforcement amid rising tensions.

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