U.S. Sanctions Disrupt Iran Military Supply Lines
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on 10 individuals and companies across the Middle East, Asia, and Eastern Europe. These entities are accused of aiding Iran's military in acquiring weapons and materials for its Shahed-series unmanned aerial vehicles (UAVs) and ballistic missile program. The sanctions are part of the U.S.'s 'Economic Fury' campaign, which aims to disrupt Iran's ability to generate and move funds. The targeted entities include China-based Yushita Shanghai International Trade Co Ltd, Dubai-based Elite Energy FZCO, and Belarus-based Armory Alliance LLC, among others. These companies are alleged to have facilitated financial transactions and procurement efforts for Iran's military, including the acquisition of weapons and raw materials.