"Treasury Targets Transnational Network Backing Iran's One-Way Attack UAV Program with Sanctions"

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on five entities and two individuals involved in the procurement of sensitive parts for Iran's one-way attack unmanned aerial vehicle (UAV) program. The network has facilitated shipments and financial transactions in support of Iran's supply of UAVs to Russia, which are being used in Russia's illegal invasion of Ukraine. The sanctions target entities and individuals based in Iran, China, Hong Kong, Turkey, and the United Arab Emirates. This action is part of ongoing efforts to hold accountable those contributing to Iran's proliferation of UAVs to destabilizing actors.