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  • New Round of Economic Fury Sanctions Targets IRGC Oil Operations

    New Round of Economic Fury Sanctions Targets IRGC Oil Operations

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    New Round of Economic Fury Sanctions Targets IRGC Oil Operations

    Thomas “Tommy” Pigott, Spokesperson

    New Round of Economic Fury Sanctions Targets IRGC Oil Operations

    Press Statement

    May 11, 2026

    The Trump Administration is intensifying pressure on the Islamic Revolutionary Guard Corps (IRGC) by targeting the financial networks that enable its illicit oil operations.

    Today, the United States is sanctioning a network involved in selling and shipping Iranian oil to overseas buyers on behalf of the IRGC and three senior officials from the IRGC’s Shahid Purja’fari Oil Headquarters who coordinate these illicit transactions. These actions disrupt illicit funding streams that finance Iran’s support for terrorist proxies and regional aggression. These oil revenues belong to the Iranian people, who face daily economic hardship due to the Iranian regime’s corruption, mismanagement, and prioritization of funding terrorist militias and weapons programs over addressing the basic needs of its citizens.

    This action represents an additional round of sanctions under Economic Fury, part of the Administration’s maximum pressure campaign against Iran. The United States will continue denying the Iranian regime access to revenue that funds terrorism, threatens regional stability, and enables attacks on U.S. forces and allies.

    Additionally, the U.S. Department of State’s Rewards for Justice program is offering a reward of up to $15 million for information leading to the disruption of the financial mechanisms of Iran’s Islamic Revolutionary Guard Corps (IRGC) and its various branches. More information is available on the RFJ website.

    Today’s action is being taken pursuant to the counterterrorism authority Executive Order (E.O.) 13224, which targets terrorist groups, their supporters, and those who aid in acts of terrorism. The IRGC was designated pursuant to E.O. 13224 on October 13, 2017, for its support to the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF). For more information, see Treasury’s Press Releases. The National Iranian Oil Company was also designated pursuant to E.O. 13224 on October 26, 2020 for its support to the IRGC-QF.

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  • US Department of Labor to offer free webinars in May providing compliance assistance on youth employment ahead of summer hiring season

    US Department of Labor to offer free webinars in May providing compliance assistance on youth employment ahead of summer hiring season

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    US Department of Labor to offer free webinars in May providing compliance assistance on youth employment ahead of summer hiring season
    ATLANTA – The U.S. Department of Labor’s Wage and Hour Division is hosting a webinar series in May to provide information and resources on how to comply with regulations affecting youth employment, ahead of the summer hiring season.Employers, young workers, parents, school counselors, and human resources specialists are invited to attend the webinars to learn about federal protections under the Fair Labor Standards Act that govern youth employment.During the seminars, representatives from the division will explain the jobs and tasks off-limits for anyone under 18-years-old, explain how young workers can have safe and rewarding work experiences, share how many hours youth are legally permitted to work, and offer information on the child labor laws in each of the state-specific seminars. Attendance is free, but registration is required for all events.In addition, division representatives will provide information about tools available for employers to understand their obligations, should they choose to hire youth, and share the division’s free compliance assistance toolkits.State-specific youth employment webinars will be hosted on the following days: Kentucky (May 12)Tennessee (May 13)Alabama and Mississippi (May 14)Georgia (May 19)North and South Carolina (May 20)Florida (May 21)In fiscal year 2025, the department investigated 976 cases with child labor violations that affected 5,272 children nationwide. The department addressed those violations by assessing employers more than $37.2 million in civil money penalties.The Department of Labor’s YouthRules initiative provides information about protections for young workers to youth, parents, employers, and educators. Through this initiative, the department and its partners promote work experiences that help prepare young workers to enter the workforce. The Wage and Hour Division has also published Seven Child Labor Best Practices for Employers to help employers comply with the law.Employers and workers can call the division with questions and requests for compliance assistance through the agency’s toll-free helpline at 866-4US-WAGE (487-9243). Download the agency’s free Timesheet App for iOS and Android devices to track hours and pay.

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