US Sanctions Global Entities Supporting Iran’s Missile, Drone Capabilities

‘Iran exploits financial systems to launder funds, procure components for its nuclear and conventional weapons programs,’ a Treasury Department official said.

The U.S. Department of the Treasury in Washington on Aug. 8, 2025. Madalina Kilroy/The Epoch Times

The United States has imposed sanctions on dozens of individuals and entities across several countries, including China and Hong Kong, for operating procurement networks to aid Iran’s ballistic missile and drone production.

The Treasury Department announced the sanctions on 32 individuals and entities on Nov. 12, marking the second round of nonproliferation measures since the U.N. Security Council reinstated an arms embargo and other sanctions on Iran in late September.