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U.S. Imposes Another Tranche of Sanctions Targeting Iran
- On Wednesday, the U.S. Department of the Treasury designated 32 individuals and entities across Iran, the UAE, Turkiye, China, Hong Kong, India, Germany and Ukraine for aiding missile and drone procurement networks.
- The State Department said the measures aim to expose, disrupt and counter Iran's procurement for ballistic missile and UAV programmes, supporting full implementation of UN snapback sanctions after the United Nations Security Council's reimposition in late September.
- Treasury targeted the MVM partnership, run by UAE-based Marco Klinge, linking it and India-based Farmlane Private Limited to procurement, and named Ma Jie for aiding Iranian defence officials with Chinese suppliers.
- Treasury said three men and connected entities are blacklisted, and John K. Hurley, Under Secretary of the Treasury for Terrorism and Financial Intelligence, said Iran exploits global financial systems to launder funds and procure weapons components.
- As part of the broader campaign, officials said the designations advance the Trump administration's `maximum pressure` campaign and expect the international community to fully implement UN `snapback` sanctions.
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US Sanctions Global Entities Supporting Iran’s Missile, Drone Capabilities
The United States has imposed sanctions on dozens of individuals and entities across several countries, including China and Hong Kong, for operating procurement networks to aid Iran’s ballistic missile and drone production. The Treasury Department announced the sanctions on 32 individuals and entities on Nov. 12, marking the second round of nonproliferation measures since the U.N. Security Council reinstated an arms embargo and other sanctions o…
·New York, United States
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On Wednesday, the U.S. Treasury Department imposed sanctions on a group of multinational networks that support Iran's ballistic missile and drone programs.Read more]]>
Coverage Details
Total News Sources37
Leaning Left5Leaning Right7Center4Last UpdatedBias Distribution44% Right
Bias Distribution
- 44% of the sources lean Right
44% Right
L 31%
C 25%
R 44%
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