WASHINGTON (TNND) \u2014 The Treasury Department announced Wednesday that it had sanctioned over 30 individuals and entities for enabling illicit Iranian petroleum sales.<\/p>\n
\u201cToday, Treasury\u2019s Office of Foreign Assets Control sanctioned over 30 individuals, entities, and vessels enabling illicit Iranian petroleum sales and Iran\u2019s ballistic missile and advanced conventional weapons production, as part of Treasury\u2019s ongoing campaign of maximum pressure on Iran,\u201d the department wrote on X.<\/p>\n
In a press release, the Treasury Department said that its Office of Foreign Assets Control specifically targeted vessels operating as part of Iran\u2019s shadow fleet<\/a>.<\/p>\n \u201cOFAC also targeted multiple networks that enable Iran\u2019s Islamic Revolutionary Guard Corps (IRGC) and Ministry of Defense and Armed Forces Logistics (MODAFL) to secure the precursor materials and sensitive machinery required to reconstitute ballistic missile and ACW production capacity, as well as proliferate unmanned aerial vehicles (UAVs) to third countries,\u201d the press release says.<\/a><\/p>\n Treasury Secretary Scott Bessent said that the department would continue to put pressure on Iran to target the regimes weapons capabilities.<\/p>\n \u201cUnder President Trump\u2019s strong leadership, Treasury will continue to put maximum pressure on Iran to target the regime\u2019s weapons capabilities and support for terrorism, which it has prioritized over the lives of the Iranian people,\u201d he wrote on X.<\/p>\n