US imposes fresh sanctions on Iranian currency exchange house
US imposes fresh sanctions on Iranian currency exchange house The US has imposed sanctions on an Iranian foreign currency exchange house and what it said were front companies overseeing transactions on behalf of Iranian banks. The Treasury Department imposed sanctions on the Iran-based Amin Exchange, also known as Ebrahimi and Associates Partnership Company, which it said has a widespread network of front companies spanning multiple jurisdictions, including in the UAE, Turkey, and Hong Kong. The US also blocked 19 vessels it said were involved in shipping Iranian petroleum and petrochemicals to foreign customers.