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U.S. Sanctions Iran, Hong Kong, Pakistan Over Weapons Financing

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Story summary
  • The U.S. Treasury Department sanctioned entities in Iran, Hong Kong and Pakistan for financing Iran’s weapons procurement.
  • Iran’s rial fell to a low of over 2.5 million per U.S. dollar on September 30, 2026.
  • U.S. Central Command said it destroyed five oil carriers after Islamic Revolutionary Guard Corps (IRGC) missile attacks on U.S. ships.
  • Two men were executed in Iran for involvement in the January protests that killed four forces in Mashhad.