US Sanctions Iran’s Central Bank Over Drone Strike on Saudi Oil Facilities

US Sanctions Iran’s Central Bank Over Drone Strike on Saudi Oil Facilities
A destroyed installation in Saudi Arabia's Khurais oil processing plant is pictured on Sept. 20, 2019. Fayez Nureldine/AFP/Getty Images
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The United States sanctioned Iran’s central bank and sovereign fund on Sept. 20 in response to the drone strikes on oil facilities in Saudi Arabia, which Washington and Riyadh blame on Tehran.

According to the U.S. Department of the Treasury, the Central Bank of Iran and the National Development Fund of Iran have funneled billions of dollars in funding to the Islamic Revolutionary Guard Corps and Hezbollah, both of which are designated by the United States as foreign terrorist groups.

Ivan Pentchoukov
Ivan Pentchoukov
Author
Ivan is the national editor of The Epoch Times. He has reported for The Epoch Times on a variety of topics since 2011.
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