Overview

• The U.S. Treasury Department sanctioned six entities in China and Hong Kong for allegedly aiding Iran's drone and missile procurement efforts.
• The targeted companies are accused of acting as front organizations to supply components for the Iranian firm Pishtazan Kavosh Gostar Boshra (PKGB) and its subsidiary Narin Sepehr Mobin Isatis.
• The sanctions aim to disrupt Iran's ability to develop and export drones and missiles used by terrorist proxies and destabilizing actors, including Russia.
• Entities such as Dingtai Industrial Technology Co. and Shenzhen Zhiyu International Trade Co. allegedly procured U.S.-made components and other equipment for Iran's UAV network.
• The action is part of the Trump administration's broader efforts to reimpose its maximum pressure campaign on Iran, which includes targeting its oil exports and weapons programs.