US sanctions Iran currency network after Trump pulls out of nuclear deal!

• The crackdown comes two days after Trump withdrew from the 2015 arms accord.

The US Treasury imposed sanctions on Thursday against six individuals and three companies it said had funnelled millions of dollars to the Iranian Revolutionary Guard's elite Qods Force, just days after President Donald Trump withdrew from the landmark 2015 Iran nuclear deal. The Treasury Department said it was acting with the United Arab Emirates to disrupt the network and accused Iran's central bank of actively helping the group to access US dollars held in foreign bank.

"The Iranian regime and its Central Bank have abused access to entities in the UAE to acquire US dollars to fund the IRGC-QF's malign activities, including to fund and arm its regional proxy groups, by concealing the purpose for which the US dollars were acquired," Mnuchin said in a statement.

The six individuals and three entities were sanctioned under US regulations targeting specially designated global terrorist suspects and Iranian financial activity, the Treasury said.

The crackdown comes two days after Trump withdrew from the 2015 arms accord and as US Secretary of State Mike Pompeo pushes allies in Europe, Asia and the Middle East to pressure Iran to return to negotiations over its nuclear and missile programs.

Trump's decision has given grace periods of 90 days to six months for companies to wind down their trade with Iran.