The U.S. Department of the Treasury announced sanctions on Friday against ten individuals and entities involved in assisting the Iranian military in acquiring weapons and materials used for the production of Shahed drones.
Among those targeted are several companies based in China and Bangkok. This announcement, first reported by Reuters, comes just days before President Donald Trump’s scheduled visit to China for a meeting with Chinese leader Xi Jinping, amid stalled efforts to halt the ongoing conflict with Iran.
The Treasury emphasized its commitment to taking economic measures against Iran’s military-industrial complex to prevent Tehran from restoring its production capabilities and projecting power beyond its borders.
Additionally, the U.S. is prepared to take action against any foreign company supporting illegal Iranian trade, including airlines.
Washington is also ready to impose secondary sanctions on financial institutions that assist Iran, particularly those linked to independent Chinese refineries.
Scott Bessent, the U.S. Treasury Secretary, stated, “Under President Trump’s decisive leadership, we will continue to act to ensure America’s security and pursue foreign individuals and entities supplying weapons to the Iranian military for use against American forces.”
The U.S. Treasury has imposed sanctions on ten individuals and entities linked to the Iranian military's drone production efforts, signaling a firm stance against illegal trade and military support. This move precedes President Trump's upcoming meeting with China's leader amid ongoing tensions with Iran.
Source: Reuters