U.S. sanctions Iran Central Bank subsidiary for U.S. tech procurement and violating export rules

FILE – The Treasury Department is seen at sunset in Washington, January 18, 2023. The US imposed sanctions on three people and four companies in Iran, the United Arab Emirates and Turkey on February 14, 2024, for allegedly helping export goods and technology purchased from American companies to Iran and the country’s central bank. The Treasury Department’s Office of Foreign Assets Control said the purchasing network transferred U.S. technology for use by Iran’s Central Bank in violation of U.S. export restrictions and sanctions. (AP Photo/Jon Elswick, File)