Overview
- The action marks Treasury’s second round of nonproliferation measures tied to the September 27 reimposition of U.N. sanctions on Iran.
- Targets span networks operating in India, China, Hong Kong, the United Arab Emirates, Turkey, Germany, Ukraine, and Iran.
- India-based Farmlane Private Limited was designated for procuring missile‑propellant chemicals in coordination with entities in the UAE and Iran.
- Treasury warned the procurement networks threaten U.S. and allied personnel in the Middle East and commercial shipping in the Red Sea.
- Officials said the measures block access to the U.S. financial system to impede shipments and acquisitions that sustain Iran’s missile and UAV programs, with some designated names not publicly disclosed.