US Expands Sanctions on Iranian Oil and Missile Programs
The US Treasury sanctioned over 30 entities and vessels tied to Iran's oil and weapons programs. This action targets networks supporting the Iranian military.
The United States[Country:{ "assets":{ "country":"US" } }] has expanded its sanctions regime against Iran[Country:{ "assets":{ "country":"IR" } }] on Wednesday, targeting more than 30 individuals, entities, and vessels linked to illicit petroleum sales and weapons development. According to reporting by Thomson Reuters Corporation[Symbol:{ "assets":{ "symbol":"TRI" } }], the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) specifically focused on networks aiding the Islamic Revolutionary Guard Corps and the Ministry of Defense in procuring materials for ballistic missiles and other military equipment.
