U.S. Treasury Sanctions Iran's Military Procurement Networks

The U.S. Treasury Department has imposed new sanctions on 10 individuals and entities across multiple jurisdictions, accusing them of procuring weapons and weapons components for Iran's Ministry of Defense and Armed Forces Logistics (MODAFL). Treasury Secretary Scott Bessent stated that the department will continue to identify, expose, and isolate Iran's enablers, emphasizing that MODAFL is responsible for weapons research, production, and acquisition for Iran's armed forces, overseeing organizations involved in ballistic missile and unmanned aerial vehicle development.