FacebookTwitterEmailLinkedin As part of its Economic Fury campaign, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) on 19 May imposed sanctions on a major Iranian foreign currency exchange house as well as several vessels. According to OFAC, Iranian exchange houses play a key role in facilitating billions of dollars in foreign currency transactions annually, helping the Iranian regime and its armed forces evade sanctions, access the international financial system, and transfer revenue generated from oil and petrochemical sales. RelatedNews Iran establishes controlled maritime zone in the Strait of Hormuz IMO Secretary-General: Listen to the seafarers var jnews_module_21373452_0_6a0f0238ef4cd = {"header_icon":"","first_title":"Related","second_title":"News","url":"","header_type":"heading_8","header_background":"","header_secondary_background":"","header_text_color":"","header_line_color":"","header_accent_color":"","header_filter_category":"","header_filter_author":"","header_filter_tag":"","header_filter_cpt_post_tag":"","header_filter_cpt_tribe_events_cat":"","header_filter_cpt_web_story_category":"","header_filter_cpt_web_story_tag":"","header_filter_text":"All","sticky_post":false,"sticky_post_filter":false,"post_type":"post","content_type":"all","sponsor":false,"number_post":"2","post_offset":0,"unique_content":"unique1","include_post":"","included_only":false,"exclude_post":"21373452","include_category":"","exclude_category":"","include_author":"","include_tag":"283,4346,903,3803,131","exclude_tag":"","exclude_visited_post":false,"post_tag":"","tribe_events_cat":"","web_story_category":"","web_story_tag":"","sort_by":"latest","show_date":"","date_format":"default","date_format_custom":"Y\/m\/d","pagination_mode":"disable","pagination_nextprev_showtext":"","pagination_number_post":"2","pagination_scroll_limit":0,"ads_type":"disable","ads_position":1,"ads_random":"","ads_image":"","ads_image_tablet":"","ads_image_phone":"","ads_image_