US Imposes New Sanctions on Networks Supplying Iran's Proxy Forces

🏦 TREASURY — New sanctions land while the proxy networks keep operating anyway. 📌 LOOK CLOSER: With the E/W pipeline down and Houthis holding Mocha, sanctions on supply networks are rear-guard action — the damage is already priced in. The real variable is enforcement: Chinese intermediaries exposed by Reuters' billion-dollar evasion story are the same architecture these networks run through. If Beijing absorbs the designations quietly, the sanctions add friction but change nothing.