- U.S. sanctions 10 Iranians, Venezuelans over drones.
- Targets Iran's drone trade, ballistics missile program.
- Trump admin cites threats to U.S., allies.
According to the Treasury Department, the most recent actions are meant to reinforce the UN sanctions that have been reinstated on Iran due to its nuclear program, further pressuring the Islamic Republic. Iran has maintained for a long time that its nuclear program is peaceful.
Three Iranian men involved in attempts to obtain chemicals for ballistic missiles, a group of Iran-based individuals and companies associated with Rayan Fan Group, a holding company previously sanctioned by the United States, and a Venezuelan company and its chairman accused of buying Iranian drones are all included in Tuesday's sanctions.
In an attempt to prevent Iran from developing nuclear weapons, President Donald Trump reinstated a "maximum pressure" campaign against the country in February. Three crucial Iranian enrichment facilities were the target of strikes spearheaded by the United States.
“Treasury is holding Iran and Venezuela accountable for their aggressive and reckless proliferation of deadly weapons around the world,”
said Treasury's Undersecretary for Terrorism and Financial Intelligence, John K. Hurley.
“We will continue to take swift action to deprive those who enable Iran’s military-industrial complex access to the U.S. financial system.”
According to Tommy Pigott, a spokesman for the State Department, Iran is still breaking UN regulations.
"U.S. interests in our region are threatened by Iran's continuous supply of conventional weapons to Caracas,"
he declared.
How do these sanctions affect Iran Venezuela oil and shipping ties?
U.S. warrants targeting Venezuelan oil painting interposers and shipping enterprises, alongside Iran's networks, oppressively disrupt bilateral oil painting trades by blocking shadow line tankers that shuttle crude between Kharg Island and Venezuelan anchorages, forcing steeper abatements and reduced volumes to black- request buyers like China.
Designated vessels like the Guyana- flagged Skipper preliminarily loading Iranian crude for Venezuela face seizures or elusion costs, shrinking available capacity in the 1,423- tanker shadow line( 65 formerly sanctioned), while PDVSA's exports drop amid U.S. non military leaguers.
Iran's oil painting minister admits warrants strain logistics, circumscribing diurnal deals at 600,000 barrels for military backing; Venezuela offers $14- 15/ barrel abatements, but tensed enforcement pitfalls halts in collective support, heightening Maduro's reliance on blinked deals despite Chevron sculpt- outs.