The United States Department of State has announced a reward of up to USD 15 million for information related to financial networks linked to Iran’s Islamic Revolutionary Guard Corps (IRGC), as Washington intensifies pressure on Tehran amid escalating tensions in West Asia.
In a statement issued on Monday, State Department spokesperson Thomas Pigott said the move is part of the Trump administration’s expanded “Economic Fury” sanctions campaign aimed at disrupting alleged illicit oil trade and funding channels connected to the IRGC.
“The Trump Administration is intensifying pressure on the Islamic Revolutionary Guard Corps (IRGC) by targeting the financial networks that enable its illicit oil operations,” the statement said.
According to the announcement, the State Department’s Rewards for Justice Program is offering up to USD 15 million for information that could help disrupt the financial mechanisms of the IRGC and its affiliated branches, including the IRGC-Quds Force.
The US also imposed sanctions on a network accused of facilitating the sale and shipment of Iranian oil to foreign buyers on behalf of the IRGC. Three senior officials associated with the IRGC’s Shahid Purja’fari Oil Headquarters were additionally sanctioned for allegedly coordinating oil-related financial transactions.
Washington said the measures are intended to block funding streams it claims are used to support proxy groups and military operations across the region.
“These actions disrupt illicit funding streams that finance Iran’s support for terrorist proxies and regional aggression,” the statement added.
The Rewards for Justice programme said it is seeking information related to loil-for-money schemes, sanctions-evasion operations, front companies, financial institutions assisting transactions and procurement channels for dual-use technologies linked to the IRGC.
The latest action comes amid heightened geopolitical tensions in West Asia and continued US efforts to tighten economic pressure on Iran through sanctions targeting its oil exports and financial infrastructure.
