"Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned a procurement network responsible for facilitating the illegal export of goods and technology from over two dozen US companies to end-users in Iran, including the Central Bank of Iran (CBI), which is designated for its role in providing financial support to the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and Hezbollah," the Treasury Department said in a statement.
The network allegedly procured US technology for use by CBI, including information security items, the statement said.
CBI has played a "critical role" in providing financial support to the IRGC-QF and Hezbollah, the statement also said.
The United States will continue to use all available means to disrupt Iran’s attempts to procure sensitive US technology, the statement added.