Overview
- The Treasury's Office of Foreign Assets Control on Wednesday named seven people and firms it says helped the Islamic Revolutionary Guard Corps buy weapons and missile parts, citing an international procurement network.
- Designated parties include Behrouz Namazi and his Tehran‑based Nika Jet Company plus Russian, Italian and Nigerian intermediaries that U.S. officials say moved components for MANPADS and ballistic missiles.
- The sanctions freeze any property subject to U.S. jurisdiction, bar most transactions by U.S. persons, and warn foreign banks that dealing with the listed parties could trigger secondary sanctions.
- Treasury Secretary Scott Bessent framed the action as part of an ongoing drive to disrupt illicit supply chains for Iran's military, and officials tied the move to recent attacks on commercial vessels and the collapse of a ceasefire.
- The designations build on earlier May and June measures targeting procurement networks and the Centre for Innovation and Technology Cooperation, and they could complicate diplomacy and provoke market and banking caution abroad.