US Treasury Disrupts Iranian Military Procurement Networks
Treasury Secretary Bessent announced that the department has frozen Iranian regime assets, disrupted the economy, and dismantled procurement networks supporting the Iranian military.
In a statement, Treasury Secretary Bessent said the department is actively disrupting foreign procurement networks that support the Iranian military's weapons acquisitions.
The Treasury has frozen Iranian regime assets, causing severe economic disruption, and has dismantled elements of the Iranian war machine. The department warned it will not tolerate any support for the Iranian military.
Source: First Squawk