US Treasury Department

US sanctions Iranian oil shipping network run by son of Ali Shamkhani

Shamkhani’s network had previously been sanctioned by the Treasury in July of 2025. The US issued 115 sanctions against the group, according to a Treasury press release at the time.

|ByJERUSALEM POST STAFF
A ship passes through the Strait of Hormuz.
Members of Hamas and Palestinian Islamic Jihad stand on a street during Eid al-Fitr in Gaza City, last week.

Netherlands man faces three years in prison for financing Hamas front

The 58-year-old Leidschendam man transferred approximately 8 million euros from 2010 to 2023 in cooperation with the ISRAA Foundation.

|ByMICHAEL STARR
A general view of the Treasury Building on day two of a partial government shutdown in Washington, DC, US, February 1, 2026.

US will not renew waiver on Iranian oil as it mounts pressure on Tehran, sources say

The waiver, which the Treasury Department issued on March 20, allowed some 140 million barrels of oil to reach global markets and helped relieve pressure on energy supply during the war with Iran.

|ByREUTERS
US President Donald Trump writes his signature, as he signs executive orders and proclamations in the Oval Office at the White House in Washington, DC, US, April 9, 2025.

Trump signature to appear on US currency, ending 165-year tradition

The first $100 bills bearing Trump's signature and those of US Treasury Secretary Scott Bessent will be printed in June, followed by other denominations in subsequent months.

|ByREUTERS