WASHINGTON (FNN NEWS) — The Trump administration announced a new round of sanctions Friday targeting individuals and businesses accused of helping finance Iran’s ruling elite and facilitating international financial transactions on behalf of the Iranian regime.

The sanctions, announced by the U.S. Department of the Treasury, target a global financial network that U.S. officials say supports Iran’s Supreme Leader and other senior regime officials.

Global Financial Network Targeted

According to the administration, the sanctions focus on Ali Ansari, a Dubai-based Iranian national accused of managing an extensive network of real estate and commercial holdings across multiple countries on behalf of Mojtaba Khamenei, the son of Iran’s Supreme Leader, and other regime insiders.

U.S. officials said the network includes assets and business interests in:

• Germany
• United Kingdom
• Spain
• Cyprus
• United Arab Emirates
• Other international jurisdictions

The administration alleges the network has been used to help Iranian regime officials maintain access to international financial markets.

Currency Exchange Houses Sanctioned

The Treasury Department also imposed sanctions on three Iran-based currency exchange firms and their associated leadership:

• Mohammad Darbani and Partners
• Lavasani and Partners
• Mohsen Khandan and Partners

The sanctions also extend to the firms’ managing partners and affiliated front companies.

According to the administration, these entities allegedly enabled Iran to obtain foreign currency and conduct international financial transactions despite existing U.S. sanctions.

Administration Cites Maximum Pressure Campaign

The White House said the latest designations are part of President Donald Trump’s broader strategy to increase economic pressure on Iran.

Administration officials said they will continue targeting individuals, businesses and financial institutions—including foreign entities—that facilitate illicit Iranian commerce or assist the regime in evading U.S. sanctions.

The administration maintains that the sanctions are intended to pressure Iran to end what it describes as destabilizing activities in the region and to hold accountable those who enable corruption within the Iranian government.

Authorities Used for Sanctions

The sanctions were imposed under multiple executive authorities, including:

• Executive Order 13902, targeting Iran’s financial and petroleum sectors.
• Executive Order 13876, focusing on Iran’s Supreme Leader and affiliated individuals.
• Executive Order 13224, as amended by Executive Order 13886, which provides counterterrorism sanctions authority.

Treasury officials said the latest designations build upon previous actions by the Office of Foreign Assets Control (OFAC) targeting Iran’s shadow banking system and currency exchange networks.