Fact checkPoliticsPublished May 8, 2026

The claim

“The U.S. Treasury Department announced on Thursday a new round of sanctions targeting individuals and entities accused of exploiting Iraq's oil sector to benefit Iran and its proxy militias.”

Speaker under reviewSource under reviewMay 8, 2026

Our verdict

True

The U.S.

What we found

Treasury Department announced a new round of sanctions targeting individuals and entities accused of exploiting Iraq's oil sector to benefit Iran and its proxy militias, as confirmed by the Treasury Department's official website and other reliable sources.

The evidence

2 sources, all background: none settles the claim either way.

Contradict 0Support 0Background 2
  • Background

    The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) increased economic pressure on Iran and its proxy militias in Iraq by designating individuals and businesses exploiting Iraq’s oil sector.

    home.treasury.gov· Treasury Department Announcement
  • Background

    The action also targets senior officials from the Iran-aligned terrorist militias Kata'ib Sayyid Al-Shuhada and Asa'ib Ahl Al-Haq, as well as oil-sector companies that support such militias.

    state.gov· State Department Statement

How we checked

We reviewed 2 relevant sources.

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