OFAC sanctions 10 individuals and entities across the Middle East, Asia, and Eastern Europe for facilitating Iran’s procurement of weapons and dual-use components for Shahed drones and missiles

The action, coordinated with the U.S. State Department, aims to disrupt Iran’s military supply chains and broader efforts to acquire arms and advanced technology through covert international networks. Treasury emphasised its continued “maximum pressure” strategy, including cracking down on sanctions evasion, shadow banking, cryptocurrency-linked finance, and illicit oil trade, while warning that foreign entities assisting Iran’s defence sector risk secondary sanctions…