Treasury Department will continue to degrade Iran’s ability to produce, proliferate ‘deadly weapons,’ says Treasury Secretary Bessent.
The Treasury Department’s Office of Foreign Assets Control (OFAC) designated one individual and eight entities, and identified one vessel as blocked property, for their involvement in the procurement and transshipment of “sensitive machinery” for Iran’s defense industry, it said.
The vessel, the Shun Kai Xing, owned by Hong Kong-based Unico Shipping Co. Ltd., was carrying machinery for OFAC-designated Rayan Roshd Afzar Company and Towse Sanaye Nim Resanaye Tarashe, a company controlled by Rayan executives, it said.
“The United States remains resolved to disrupt any effort by Iran to procure the sensitive, dual-use technology, components, and machinery that underpin the regime’s ballistic missile, unmanned aerial vehicle, and asymmetric weapons programs,” said Treasury Secretary Scott Bessent. “We have been clear: those who enable these schemes will be held accountable.”
Bessent added the department will continue to degrade Iran’s ability to produce and proliferate “these deadly weapons, which threaten regional stability and global security.”
In a separate statement, the department said that the US is sanctioning a range of actors who have generated significant revenue for the Houthi group in Yemen.
It targeted four individuals, 12 entities, and two vessels that “have imported oil and other illicit goods in support of the terrorist group.”
It said the agency is also targeting two vessels, as well as their owners and operators, which “violated U.S. sanctions by discharging oil derivatives to the Houthis.”
