Overview
- The Treasury Department designated ten individuals and entities in Iran and Venezuela alleged to support Iran’s UAV and ballistic missile programs.
- Targets include a Venezuelan firm and its chairman accused of purchasing Iranian-made combat drones.
- Three Iranian men linked to procuring missile-related chemicals and Iran-based affiliates of the previously sanctioned Rayan Fan Group were also listed.
- Treasury said the measures support reimposed UN sanctions and aim to deny the designated actors access to the U.S. financial system, according to Undersecretary John K. Hurley.
- The State Department called Iranian arms transfers to Caracas a regional threat and noted the actions were taken under Executive Orders 13382 and 13949 as part of President Trump’s renewed pressure campaign, which has featured strikes on Iranian enrichment sites and a warning of further action.