The United States Department of State has announced a reward of up to USD 15 million for information related to the financial operations of Iran’s Islamic Revolutionary Guard Corps (IRGC). The move comes as Washington increases pressure on Tehran through expanded sanctions and measures targeting what it describes as illicit oil trade and funding networks connected to the IRGC during the ongoing tensions in West Asia.

In a statement released on Monday, State Department spokesperson Thomas “Tommy” Pigott said the US government is stepping up efforts under its “Economic Fury” sanctions campaign. The initiative aims to block the revenue sources that the US claims are being used to support terrorism and destabilising activities in the region.

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

“The US 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,” it added.

Along with the reward announcement, the US also imposed sanctions on a network accused of helping sell and transport Iranian oil to buyers overseas on behalf of the IRGC. The sanctions also target three senior officials linked to the IRGC’s Shahid Purja’fari Oil Headquarters. According to the US government, these officials were involved in managing financial transactions related to oil operations.

The State Department said the latest measures are aimed at weakening the financial channels that Washington alleges are used to support proxy groups and military operations across the region. The US also accused the Iranian government of prioritising military and militant funding over the welfare of its citizens.

“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 prioritisation of funding terrorist militias and weapons programmes over addressing the basic needs of its citizens,” the statement read.

The Rewards for Justice programme has repeated the offer of up to USD 15 million for information that could help disrupt the financial systems connected to the IRGC and its branches, including the IRGC-Quds Force. The programme is seeking details about several areas linked to the organisation’s funding network.

According to the statement, authorities are looking for information related to oil-for-money operations, front companies used to hide transactions, sanctions-evasion methods, and financial institutions allegedly helping move funds. The programme is also seeking information on procurement networks involved in obtaining dual-use technologies that can have both civilian and military applications.

The latest announcement is part of the broader US strategy to increase economic pressure on Iran. Washington has repeatedly accused the IRGC of using oil revenues and international financial networks to fund armed groups and expand its influence across West Asia. Iran has consistently rejected such allegations and has criticised US sanctions, calling them illegal and harmful to its economy.

The renewed sanctions and reward announcement come at a time of rising tensions in the region. The US has continued to tighten restrictions on Iran’s oil exports and financial activities over concerns related to regional security, military operations, and Tehran’s ties with armed groups in neighbouring countries.