US Treasury sanctions 10 individuals, entities over weapons procurement for Iran

The US Treasury imposed sanctions on 10 individuals and entities accused of purchasing weapons and components for Iran's Ministry of Defense.

• OFAC imposed the sanctions, part of "Operation Economic Outcast," on individuals and entities across several jurisdictions.
• The sanctioned parties stand accused of buying weapons and components for Iran's Ministry of Defense and Armed Forces logistics command.
• Treasury Secretary Scott Bessent said the US will continue targeting and disrupting those providing material, technological or financial support to the Iranian regime.
• Bessent said the Treasury will not tolerate support for the regime and will keep identifying and isolating entities backing Iran.
• The Treasury and State departments jointly sanctioned 13 individuals and entities, including in Russia, China, Hong Kong and Pakistan.
• Named targets include Iran's defense ministry representative in Beijing, Russia's Yakovlev design bureau and Iran's Saha Airline.