The US Treasury Department has announced a new wave of sanctions against 10 individuals and legal entities accused of helping Iran procure weaponry and raw materials for the production of Shahed-type strike drones and ballistic missiles.
According to reports from Reuters, the Treasury Department emphasized its readiness to take economic measures against Iran’s military-industrial base to prevent Tehran from rebuilding its production capacities.
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The sanctions target a sprawling international network across China, the UAE, Belarus, and Iran:
Yushita Shanghai International Trade Co Ltd (China) for facilitating the procurement of armaments within China for Iran.
Elite Energy FZCO (Dubai) for transferring millions of dollars to a Hong Kong-based firm to facilitate procurement.
HK Hesin Industry Co Ltd & Mustad Ltd (Hong Kong) and Armory Alliance LLC (Belarus) for their roles as intermediaries in the procurement process.
Pishgam Electronic Safeh Co (Iran) for procuring drone engines.
Hitex Insulation Ningbo Co Ltd (China) for supplying materials used in the production of ballistic missiles.
Deepening Russia-Iran military ties
These sanctions arrive amid growing evidence of a strategic military partnership between Moscow and Tehran. Intelligence documents attributed to Russian military intelligence (GRU) reportedly outlined a plan to supply Iran with 5,000 advanced short-range drones equipped with fiber-optic control systems designed to resist electronic jamming.
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