The U.S. Treasury Department has issued further sanctions targeting companies that manufacture, sell, and ship Iranian drones as part of an effort to curb their use by Russia in its full-scale war in Ukraine.
The sanctions announced on April 25 have been imposed on more than a dozen entities, individuals, and vessels “that have played a central role in facilitating and financing the clandestine sale of Iranian unmanned aerial vehicles (UAVs) for Iran’s Ministry of Defense and Armed Forces Logistics (MODAFL).”
The MODAFL is in turn supporting Iran’s Islamic Revolutionary Guards Corps (IRGC) and Russia’s war in Ukraine, the department said in a news release.
The department’s Office of Foreign Assets Control (OFAC) singled out the company Sahara Thunder, saying it is the …