US Treasury issues Iran-related missile and drone sanctions
The US sanctions individuals and entities in several countries related to their support of Iran’s ballistic missile and drone production, in the latest attempt to pressure Tehran.
A total of 32 individuals and entities based in Iran, the United Arab Emirates, Turkey, China, Hong Kong, India, Germany and Ukraine that operate multiple procurement networks are being targeted in Wednesday’s designations, the Treasury Department says in a statement.
“These networks pose a threat to US and allied personnel in the Middle East and to commercial shipping in the Red Sea,” the department says in a statement.
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