US, UK sanctions target Iran-linked network accused of plotting attacks and moving funds

The United States and the United Kingdom announced sanctions targeting an Iran-linked network, aiming to disrupt Iranian oil exports and financial transactions, and cut off funding to the Islamic Revolutionary Guard Corps (IRGC). Specifically, they targeted companies in Hong Kong and the UAE involved in facilitating Iranian oil sales to China. This action coincides with ongoing disruptions to global energy flows and could impact the international energy market.