The US Treasury Department accuses the network of supplying sensitive goods to an Iranian military firm.
Iran has passed the grim milestone of 40,000 coronavirus deaths, with the latest 10,000 added in less than a month, as the country struggles to contain its most widespread wave of infection yet.
The Iranian health ministry announced 457 fatalities on Thursday, along with 117,517 new infections, pushing the total case count past 726,000, although officials have warned that is a significant undercount.
The death toll has soared in recent weeks, shattering records in the nation that for months has suffered the worst outbreak in the Middle East.
Nearly half of Iran’s coronavirus deaths have been recorded in the capital city of Tehran according to health officials, where medical workers have warned that the health system may soon be overwhelmed and demanded a strict monthlong lockdown in all provincial capitals to slow the spread of the virus.
But the government has resisted shutting down the country, desperate to salvage an economy cratered by unprecedented United States sanctions that effectively bar Iran from selling its oil internationally.
The administration of US President Donald Trump reimposed sanctions in 2018 after withdrawing from Tehran’s nuclear deal with world powers.
Earlier this week, authorities ordered a monthlong nightly business curfew in Tehran and 30 other big cities and towns, asking nonessential shops to keep their workers home.
Still, enforcement in the sprawling metropolis remains a challenge.
As deaths continue to surge with no end in sight, authorities have come under pressure.
The national coronavirus task force will consider a two-week nationwide lockdown proposal this weekend, Deputy Health Minister Qassem Janbabaei told the semi-official Tasnim news agency.