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US Treasury Designates Individuals and Entities Linked to Iran and Hezbollah

20 August 2026 · All day · Political event · North America

Outcome

The US Treasury's OFAC issued Counter Narcotics, Counter Terrorism, Cuba-related and Iran-related designations on Thursday, August 20, 2026 (29 Mordad 1405). Per Al Jazeera and Donya-e-Eqtesad, of 10 individuals and entities designated, three Turkish nationals were named over Iran links and seven, including one Iranian national, over Hezbollah links. Treasury Secretary Bessent separately told CNBC that Washington would impose further sanctions on Iran.