US sanctions Russia-backed Iranian oil smuggling network involving Chinese firms
May 27, 2022
Washington [US], May 27 : The United States has sanctioned an international oil smuggling and money laundering network, led by Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) officials, that has facilitated the sale of hundreds of millions of dollars' worth of Iranian oil for both the IRGC-QF and Hizballah.