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Revelation of a One Billion Dollar Oil Smuggling Network Linked to the Iranian Revolutionary Guard

Revelation of a One Billion Dollar Oil Smuggling Network Linked to the Iranian Revolutionary Guard

The U.S. Department of Justice announced today, Friday, a list of seizures and charges related to terrorism and sanctions evasion targeting an illicit oil smuggling network worth approximately one billion dollars that funds the Iranian Revolutionary Guard. A senior official at the Department of Justice stated to reporters during a conference call prior to the announcement of the charges in U.S. courts, "The decisions made by the Department of Justice are crucial to stopping the flow of funds used by Iran to engage in activities that threaten individuals within the United States, as well as our interests around the world."

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