Economic Fury Disrupts Networks Supplying Weapons and UAV Components to Iran

WASHINGTON—Today, as part of Economic Fury, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) targeted 10 individuals and companies based in several jurisdictions across the Middle East, Asia, and Eastern Europe that are enabling efforts by Iran’s military to secure weapons, as well as raw materials with applications in Iran’s Shahed‑series unmanned aerial vehicles (UAVs) and ballistic missile program. OFAC continues to proactively disrupt these networks that seek to support Iran’s acquisition of weapons and materiel. Concurrently, the U.S. Department of State is designating four entities in connection to the conventional arms activities of Iran.“While the surviving IRGC leaders are trapped like rats in a sinking ship, the Treasury Department is unrelenting in our Economic Fury campaign,” said Secretary of the Treasury Scott Bessent.