US imposes sanctions on three Iranian currency exchanges — accusing them of laundering billions

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Source: New York Post
Published: 2026-05-02 01:16 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Defence, Military & Defence, Iran, Business & Economy, War & Conflict
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Snippet:
The US Treasury Department imposed sweeping sanctions Friday on three major Iranian currency exchange houses and more than a dozen front companies, The Post has learned, accusing them of laundering billions of dollars in foreign currency to bankroll Tehran’s military and proxy network.
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