U.S. Treasury targets 10 individuals and entities in Iran and Venezuela involved in weapons and combat drone sales, freezing their assets and restricting transactions to curb global military threats

Action targets a Venezuelan firm and its leadership, plus several Iran-based persons and companies, for facilitating Iran’s unmanned aerial vehicle (UAV) transfers to Venezuela and procuring chemicals used in ballistic missile production. These actions — under Executive Orders targeting weapons proliferators — block all U.S. property of the designees, prohibit transactions by U.S. persons, and expose secondary sanctions risks for foreign financial institutions that engage with them…