# U.S. Treasury cracks down on Russian shadow banking network funding Iran

https://mins.news/en/item/82491

- The Kyiv Independent, 2026-10-01 20:21 UTC
- Economy
- Original: https://kyivindependent.com/u-s-treasury-cracks-down-on-russian-shadow-banking-network-funding-iran/

> The U.S. Treasury announced restrictions on the A7 Network, a Russian shadow banking system it says Iran has used to evade sanctions. Led by sanctioned, convicted fraudster Ilan Mironovich Shor and state-owned Promsvyazbank, the network allegedly falsifies trade records and has facilitated Iranian oil sales and weapons procurement. Treasury plans further measures against its sub-agents.

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