Overview

• The US announced sanctions on May 14 against six people and 12 firms for supporting Iran's ballistic missile program, under Executive Order 13382.
• Three Chinese nationals and several entities in China and Hong Kong were sanctioned for providing carbon fiber precursor materials and manufacturing equipment to Iran.
• The sanctions aim to disrupt Iran's domestic production of missile components and target entities linked to the IRGC's missile organizations.
• This action is part of President Trump's maximum pressure campaign under NSPM-2, designed to curtail Iran's destabilizing activities and WMD proliferation.
• The measures coincide with ongoing US-Iran nuclear talks, marking the fourth round of indirect negotiations since the US exited the 2015 nuclear deal.