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U.S. Sanctions Iranian Banker and Exchange Houses After Shipping Attacks and Cross Strikes
The United States on July 10, 2026, imposed sanctions on Ali Ansari and Iranian exchange houses. The action follows Iran's attacks on commercial tankers in the Strait of Hormuz.
Jul 10, 3:46 PM·1m read1 source
Al-MonitorAudio version
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The United States issued new sanctions on July 10, 2026, targeting an Iranian banker and exchange houses involved in moving funds for sanctioned entities, Al-Monitor reported. The Treasury Department said the measures respond to Iran's resumption of attacks on international shipping in the Strait of Hormuz. The sanctions name Ali Ansari, an Iranian banker and businessman based in Dubai.
Treasury described Ansari as a key financier for Iran's new leader Mojtaba Khamenei. It said he diverted publicly funded wealth into an overseas portfolio of real estate and commercial holdings that enriched himself, government elites, and the Islamic Revolutionary Guard Corps.
Ansari had previously been sanctioned by Britain for financially supporting Iran's Revolutionary Guards, the department stated.
Treasury's Office of Foreign Assets Control also designated key Iranian exchange houses that moved billions of dollars annually for sanctioned banks through layers of shell companies. The sanctions were announced on a day of relative calm after a week of renewed conflict. During that period three Qatari and Saudi commercial tankers came under Iranian fire, prompting U.S.
Strikes on Iranian sites and Iranian strikes on U.S. military sites in Gulf states.
