Supreme Leader's financier and global asset manager
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Designated by OFAC July 10, 2026; real estate and commercial holdings across Germany, UK, Spain, Cyprus, and UAE frozen
Treasury's December 2025 shadow fleet designations were the opening move in a campaign that escalated into war. The U.S. and Israel launched Operation Epic Fury on February 28, 2026, hitting Iran's nuclear facilities and military infrastructure; Treasury ran a parallel Economic Fury financial campaign through spring 2026. On June 17, Trump and Pezeshkian signed the Islamabad Memorandum, and OFAC issued General License X five days later, authorizing Iranian oil transactions through August 21.
Updated Jul 17
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