US slaps more sanctions on Iran and its ballistic missile, drone programs

The US sanctioned 14 individuals, companies and airplanes for helping procure or transport weapons on behalf of the Islamic Republic of Iran, the Treasury Department said on Tuesday, Report informs via Al Arabiya.

"The Iranian regime must be held accountable for its extortion of global energy markets and indiscriminate targeting of civilians with missiles and drones," Treasury Secretary Scott Bessent said. "Under President Trump's leadership, as part of Economic Fury, Treasury will continue to follow the money and target the Iranian regime's recklessness and those who enable it."

The Treasury Department said the Islamic Republic was seeking to reconstitute its production capacity after being severely degraded during the US-Israeli war on Iran.

Treasury said Iran was increasingly relying on Shahed-series one-way attack drones to target the United States and its allies, including energy infrastructure in the region. "These designations support Economic Fury in response to the Iranian regime's continued threats to global security," Treasury said in its statement.

The State Department said sanctions on eight individuals and four entities were issued due to their work supporting Iran's UAV and ballistic missile programs and US-designated Mahan Air.

Two aircraft of Mahan Air were also sanctioned for previously transporting Islamic Revolutionary Guard Corps (IRGC) operatives, weapons, equipment, and funds, the State Department said.