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US sanctions 10 entities for allegedly supporting Iran’s military

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US sanctions 10 entities for allegedly supporting Iran’s military
Image · Al Jazeera

What the report says

The United States has imposed sanctions on 10 individuals and companies that it says were helping Iran’s military obtain weapons and components, according to a Sept. 29 report by Al Jazeera. The Treasury Department said the measures covered entities and representatives based in China, Pakistan, Turkiye, Saudi Arabia and Iran, with some of the cases involving technology and procurement networks.

Al Jazeera reported that Washington linked the action to its broader Operation Economic Outcast, a campaign designed to limit Iran’s access to global markets and raise the cost of support for Tehran’s military supply chains. The Treasury said the targeted actors were allegedly involved in sourcing items for Iran’s Ministry of Defense and Armed Forces Logistics, which oversees weapons research, production and acquisition for the country’s armed forces.

Among those named was Hong Kong-based EC Mojo Technology Co Ltd and a representative, Li Fen, whom the Treasury accused of supplying electronic components and trying to evade sanctions. Another sanctioned company was Saudi-based Cavalier Dynamics for Technologies Company. The Treasury said the action was being taken with coordination from Saudi government partners.

The move is part of a wider pressure campaign that has already affected other Iranian sectors, including aviation and civilian air travel. Al Jazeera noted that analysts have questioned how effective the sanctions will be, given Iran’s long experience under US restrictions and the continuing strain on its economy during the conflict with the United States and Israel.

Read the full report at Al Jazeera →

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