Overview
- The U.S. Treasury Department designated six entities and six individuals in China and Iran for their role in supplying ballistic missile propellant materials to Iran’s Islamic Revolutionary Guard Corps (IRGC).
- The sanctioned network facilitated the transfer of sodium perchlorate and dioctyl sebacate, key components for solid propellant rocket motors used in ballistic missiles.
- Tuesday’s action targeted five China-based companies, one Iran-based firm, and six Iran-based individuals as part of the U.S. maximum pressure campaign on Tehran.
- Treasury Secretary Scott Bessent emphasized that Iran’s missile development destabilizes the Middle East, violates nonproliferation agreements, and threatens U.S. and partner safety.
- The sanctions coincide with renewed U.S.-Iran nuclear negotiations, as the Trump administration seeks to curb Iran’s nuclear and missile programs while limiting its access to critical resources.