The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on 14 individuals and entities across several countries for their roles in facilitating Iran's procurement of weapons and military technology. The action, announced on April 18, 2026, targets networks in Iran, China, Hong Kong, and Turkey.
According to the Treasury, these networks supported Iran's development of unmanned aerial vehicles (UAVs), ballistic missiles, and other military systems. The sanctions specifically name individuals and front companies involved in procuring critical components, including European-origin engines for Iranian drones.
The designations freeze any U.S. assets of the targeted entities and generally prohibit Americans from dealing with them. This move is part of a broader U.S. strategy to disrupt Iran's military supply chains and its ability to transfer weapons to proxies and other actors, including Russia.
"Today’s action reinforces our commitment to dismantling the illicit procurement networks that supply Iran’s destabilizing weapons programs," said a senior Treasury official in the press release. The sanctions are coordinated with international partners to increase pressure on Iran's defense industrial base.
