The United States (US) Treasury sanctioned ten individuals and companies accused of procuring weapons and parts for Iran’s military, with representatives and technology firms based in China, Pakistan, Türkiye and Saudi Arabia among those accused.
Three of the sanctioned entities were located in Iran. The Treasury said the action further degrades the Iranian regime’s ability to reconstitute its weapons programs and increases the costs for those who choose to aid Tehran’s military procurement efforts. The sanctions were undertaken as part of Operation Economic Outcast, a Treasury Department effort to further restrict Iran’s access to global markets.