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US Sanctions 10 Over Iran Weapons Procurement Network
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Moneycontrol•30-09-2026, 03:55
US Sanctions 10 Over Iran Weapons Procurement Network
- •The United States sanctioned 10 individuals and entities for aiding Iran in acquiring weapons and related components through networks in China, Hong Kong, and Pakistan.
- •These measures are part of US President Donald Trump’s campaign to restrict Tehran’s access to international supply chains and financial resources.
- •US Treasury Secretary Scott Bessent stated the administration will continue targeting those who help Iran sustain its military capabilities and fund activities deemed a threat to regional security.
- •The sanctions aim to hamper Iran’s efforts to rebuild its weapons programs and increase costs for those involved in its procurement networks, specifically for MODAFL.
- •Operation Economic Outcast, launched in August, seeks to cut off Iran’s financial and commercial links with the global economy, targeting networks facilitating oil sales, sanctions evasion, and military technology procurement.
Key Questions Answered
The US imposed sanctions on 10 individuals and entities accused of helping Iran acquire weapons and related components, aiming to restrict Tehran's access to international supply chains and financial resources.
The targeted individuals and entities are accused of procuring weapons and components for Iran’s Ministry of Defence and Armed Forces Logistics (MODAFL), which oversees research, production, and purchasing for Iran's armed forces, including ballistic missiles and UAVs.
The measures are part of US President Donald Trump’s campaign, specifically under 'Operation Economic Outcast' launched in August, which is designed to cut off Iran's financial and commercial links with the global economy.
