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From the Washington Examiner: The Trump administration is imposing a raft of new sanctions meant to undermine Iran’s military as President Donald Trump weighs United States military action against the Islamic Republic.
The Treasury Department announced Friday morning that one person and eight entities were being designated “for their involvement in the procurement and transshipment of sensitive machinery for Iran’s defense industry.” One vessel used to transport sensitive technologies was also identified as blocked property.
From a press release by the Treasury Department on Friday:
Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating one individual and eight entities, and identifying one vessel as blocked property, for their involvement in the procurement and transshipment of sensitive machinery for Iran’s defense industry. The vessel, SHUN KAI XING, owned by Hong Kong-based Unico Shipping Co Ltd, was carrying this machinery for OFAC-designated Rayan Roshd Afzar Company (RRA) and Towse Sanaye Nim Resanaye Tarashe, a company controlled by RRA executives. Today’s action is being taken in furtherance of National Security Presidential Memorandum-2, which directs that Iran be denied the development of missiles and other weapons capabilities and that the Islamic Revolutionary Guard Corps (IRGC) and its surrogates be disrupted, degraded, or denied access to the resources that sustain their destabilizing activities.
“The United States remains resolved to disrupt any effort by Iran to procure the sensitive, dual-use technology, components, and machinery that underpin the regime’s ballistic missile, unmanned aerial vehicle, and asymmetric weapons programs. We have been clear: those who enable these schemes will be held accountable,” said Secretary of the Treasury Scott Bessent. “Treasury will continue to degrade Iran’s ability to produce and proliferate these deadly weapons, which threaten regional stability and global security.”
The sanctioned entities and individual are listed as follows:
— Hong Kong-based Unico Shipping Co Ltd
— Shun Kai Xing, a bulk carrier owned by Unico Shipping
— Zhang Yanbang, a Chinese national and shipmaster of the Shun Kai Xing
— China-based Futech Co. Limited
— Hong Kong-based Athena Shipping
— Singapore-based V-Shipping PTE Ltd
— China-based Shenzhen Xinxin Shipping Co Ltd
— Turkey-based Edis Dis Ticaret Limited Sirketi
– China-based Dongguan Zanyin Machinery and Equipment Co Ltd
Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is targeting entities procuring sensitive machinery for Iran’s defense industry.https://t.co/M99eOwhuWR
— Treasury Department (@USTreasury) June 20, 2025
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