Treasury imposes sanctions on 14 targets for helping Iran acquire weapons, as part of Economic Fury
“The Iranian regime must be held accountable for its extortion of global energy markets and indiscriminate targeting of civilians with missiles and drones,” Treasury Secretary Scott Bessent said
The U.S. Treasury Department announced Tuesday that it is placing sanctions on 14 targets for helping Iran obtain weapons and contravening international sanctions.
“As the regime attempts to reconstitute its production capacity, the United States will continue to deplete Iran’s ballistic missile inventories,” the Treasury wrote in a post on X.
In a press release from Treasury, the 14 targets include, “individuals, entities, and aircraft based in Iran, Türkiye, and the United Arab Emirates (UAE) for their involvement in procuring or transporting weapons or weapons components on behalf of the Iranian regime.”
The U.S. and Israel have attempted to deplete Iran’s weapons reserve, according to the Epoch Times, especially going after their ballistic missile sites. The Treasury said that Iran “is seeking to reconstitute its production capacity.”
“The Iranian regime must be held accountable for its extortion of global energy markets and indiscriminate targeting of civilians with missiles and drones,” Treasury Secretary Scott Bessent said.
“Under President Trump’s leadership, as part of Economic Fury, Treasury will continue to follow the money and target the Iranian regime’s recklessness and those who enable it,” Bessent added.
On Tuesday, Trump agreed, at the request of Pakistan, to maintain the ceasefire past the deadline “until such time as [Iran’s] proposal is submitted, and discussions are concluded, one way or the other."
The naval blockade by the U.S. remains in effect.