Iranian drone components procurement network sanctioned by US
( July 31, 2025, 23:54 GMT | Official Statement) -- MLex Summary: The US Treasury Department's Office of Foreign Assets Control (OFAC) is designating five entities and one individual based in Iran, Hong Kong, Taiwan, and China for their procurement of technology in support of OFAC-designated Iran Aircraft Manufacturing Industrial Company. Under Javad Alizadeh Hoshyar’s direction and management as chief executive officer. Iran-based Control Afzar Tabriz procured computer numerical control (CNC) machines and equipment for HESA, Treasury said.Statement follows below:...
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