Fact Check: US Sanctions on Iranian Currency Exchanges and Related Claims

TL;DR: The Treasury Department’s Friday sanction of three Iranian foreign‑currency exchange houses and their front companies is true. The assertion that more than 1,000 Iran‑linked individuals, entities, vessels and aircraft have been sanctioned since early 2025 cannot be verified with the available evidence.

### Claim The Trump administration sanctioned three Iranian foreign currency exchange houses and associated front companies, describing them as a key shadow banking system that moves billions in oil revenue. The administration also says it has sanctioned over 1,000 Iran‑linked actors since early 2025.

### Evidence The Treasury Department’s Office of Foreign Assets Control announced the designation of Pedram Pirouzan and Associates Partnership Company (Opal Exchange), Nasser Ghasemi Rad and Associates Partnership Company (Radin Exchange), and Tahayyori and Associates Partnership Company (Tahayyori Guarantee Society or Arz Iran Exchange). The release noted these houses facilitate billions of dollars in foreign‑currency transactions each year and use front‑company networks abroad to conceal ties to Iran. Two independent news outlets reported the same details. Regarding the over‑1,000 figure, the provided sources do not contain a specific count or timeline confirming that number since early 2025.

### Verdict Verdict on the exchange‑house sanction: True. Verdict on the over‑1,000 sanctions figure: Unverifiable.

### Analysis Multiple government and news sources consistently confirm the sanction of the three exchange houses, their role in moving billions of oil revenue, and their use of front‑company networks; no contradictions appear. For the claim of over 1,000 sanctions since early 2025, the absence of independent evidence in the supplied materials prevents verification, leaving the claim unverifiable.

Watch for any further Treasury designations or Iranian responses to the sanctions.