

Dan Murphy
13.1K posts

@dan_murphy
Anchor + Middle East Correspondent @cnbc. [email protected]



Today, Treasury’s Office of Foreign Assets Control is designating 12 individuals and entities for their roles enabling the Islamic Revolutionary Guard Corps’ (IRGC) sale and shipment of Iranian oil to the People’s Republic of China. The IRGC relies on front companies in permissive economic jurisdictions to obfuscate its role in oil sales and funnel the revenue to the Iranian regime. Instead of using this revenue to support the struggling Iranian people, the regime directs it toward weapons development, backing terrorist proxies, and funding security forces that suppress citizens’ freedoms.







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🇶🇦🇺🇸🇮🇷Scoop: Secretary of State Marco Rubio and White House envoy Steve Witkoff met on Saturday in Miami with Qatari Prime Minister Mohammed bin Abdulrahman al-Thani as part of the efforts to reach a deal to end the war in Iran. My story on @axios axios.com/2026/05/09/wit…





Today, as part of Economic Fury, Treasury’s Office of Foreign Assets Control increased pressure on Iran and its proxy militias in Iraq by designating individuals and businesses exploiting Iraq’s oil sector and undermining the country’s security. Today’s action includes Ali Maarij Al-Bahadly—Iraq’s Deputy Minister of Oil, who abuses his position to facilitate the diversion of oil to be sold for the benefit of the Iranian regime—along with three senior leaders of Iran-aligned terrorist militias. home.treasury.gov/news/press-rel…

