• Daily News
  • Weekly News
  • Special Editions
  • Oil and Gas Events
  • Key Economic Indicators
  • Other Services
Country List
  • Algeria
  • Bahrain
  • Egypt
  • Iran
  • Iraq
  • Kuwait
  • Libya
  • Oman
  • Qatar
  • Saudi Arabia
  • UAE
  • Yemen
  • General News
PAM
  • Project Activity Monitoring
  • Company Activity Monitoring

For Free Headlines Submit Your Email

Login  

Saturday, May 10, 2025 1:52 GMT

  • Home
  • About Us
  • Archive
  • Contact Us

News

US Issues Iran-Related Sanctions against China, UAE-Based Entities


The U.S. on Tuesday (April 1) imposed sanctions on entities and individuals in Iran, the United Arab Emirates and China whom it accused of being part of an Iranian weapons procurement network, as President Donald Trump seeks to ramp up pressure on Tehran. The U.S. Treasury Department announced sanctions on six entities and two individuals in action taken in coordination with the Department of Justice, accusing them of responsibility for procurement of unmanned aerial vehicle (UAV) components on behalf of a leading manufacturer for Iran's drone program.

"Iran’s proliferation of UAVs and missiles - both to its terrorist proxies in the region and to Russia for its use against Ukraine - continues to threaten civilians, U.S. personnel, and our allies and partners," Treasury Secretary Scott Bessent said in a statement. "Treasury will continue to disrupt Iran’s military-industrial complex and its proliferation of UAVs, missiles and conventional weapons that often end up in the hands of destabilizing actors, including terrorist proxies."

Iran's mission to the United Nations in New York did not immediately respond to a request for comment.

Tuesday's action targeted one Iranian-based entity and two people based in Iran, one entity based in China and four UAE-based entities, according to the Treasury statement. The Treasury said it was the second round of sanctions targeting "Iranian weapons proliferators" since Trump restored his "maximum pressure" campaign on Iran, which includes efforts to drive its oil exports down to zero in order to help prevent Tehran from developing a nuclear weapon.

Trump's February memo, among other things, ordered Bessent to impose "maximum pressure" on Iran, including sanctions and enforcement mechanisms on those violating existing sanctions. Trump threatened Iran on Sunday with bombing and secondary tariffs if Tehran did not come to an agreement with Washington over its nuclear program.

In his first 2017-21 term, Trump withdrew the U.S. from a 2015 deal between Iran and world powers that placed strict limits on Tehran's uranium enrichment activities in exchange for sanctions relief. Trump also reimposed sweeping U.S. sanctions. Since then, Iran has far surpassed that deal's limits on uranium enrichment.

Western powers accuse Iran of having a clandestine agenda to develop nuclear weapons capability by enriching uranium to a high level of fissile purity, above what they say is justifiable for a civilian atomic energy program. Tehran says its nuclear program is wholly for civilian power purposes. - Reuters


published:06/04/2025 04:36 GMT

Related News

  • Iran Oil-Filled Tankers Build Up off Malaysia as Sanctions Mount  06/04/2025 04:41 GMT
  • US Slaps Iran-Related Sanctions on Oil Tankers, China Teapot Refinery  06/04/2025 04:41 GMT
  • Singapore-Based Shipping Firm Hit with US Sanctions over Iran Oil ...  16/03/2025 06:29 GMT
  • US Imposes Sanctions on Iranian Oil Minister, Shadow Fleet  16/03/2025 06:12 GMT
  • Trump Administration Prepared to Enforce Iran Oil Sanctions  11/03/2025 04:48 GMT

© 2025 BEDigest. All Rights Reserved.

to read more about this project please go to