Washington DC, May 13 -- The US Department of State has announced a reward of up to USD 15 million for information on financial mechanisms linked to Iran's Islamic Revolutionary Guard Corps (IRGC) as part of expanded sanctions and pressure measures targeting Tehran's alleged illicit oil and funding networks amid the conflict in West Asia.

In a statement issued on Monday, State Department spokesperson Thomas "Tommy" Pigott said the US is intensifying efforts under its "Economic Fury" sanctions framework aimed at disrupting revenue streams that Washington claims are used to finance terrorism and regional destabilisation activities.

"The Trump Administration is intensifying pressure on the Islamic Revolutionary Guard Corps (IRGC) by target...