The US military is setting up a new task force to restrict Iranian land commerce and weapon movements. Admiral Brad Cooper said, "Strengthening CENTCOM’s collaboration with US interagency partners will further constrain Iran’s ability to finance terrorism." This follows a naval blockade that stopped $25 billion in Iranian oil exports.

WASHINGTON, Nov 7 (Reuters) - After ​a months-long naval blockade on Iran, ‌the US military is setting up a task force to bolster Washington's efforts to restrict Tehran's movement ​of advanced weapons systems and other ​sanctioned material across its land borders and ⁠the Caspian Sea.

The announcement of the ​task force, which has not been previously reported, ​will be made later on Saturday by the US Central Command, according to a statement seen by ​Reuters ahead of its release.

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Task Force Iron ​Gate, as it will be called, will be based ‌in ⁠Tampa, Florida, and will coordinate with other US government agencies. Beyond movement of weapons, it will also focus on dual-use and ​illegal revenue streams.

"Strengthening ​CENTCOM’s ⁠collaboration with US interagency partners will further constrain Iran’s ability to ​finance terrorism, rebuild weapons factories, and ​replenish ⁠their military," Admiral Brad Cooper, the commander of Central Command, said in a statement.

Central Command ⁠estimated ​that its naval blockade has ​prevented Iran from exporting more than $25 billion in crude ​oil.

Reporting by Phil Stewart; Editing by Andrew Heavens