US Sanctions Iran, Venezuela Over Drone and Missile Aid

The United States imposed sanctions on Tuesday against 10 individuals and entities from Iran and Venezuela, accusing them of facilitating Iran's drone trade and ballistic missile program in ways that threaten American interests and regional stability.

The Treasury Department's action targets Empresa Aeronáutica Nacional SA, a Venezuelan company, and its chairman, Jose Jesus Urdaneta Gonzalez, for allegedly purchasing and assembling Iranian-made unmanned aerial vehicles, including the Mohajer-2 and Mohajer-6 models used by the Venezuelan military. These drones are produced by Iran's Qods Aviation Industries, which collaborates with the Venezuelan firm. The sanctions also hit three Iranian nationals, such as Mostafa Rostami Sani, for procuring chemicals essential to ballistic missile production at facilities like Parchin Chemical Industries, tied to the Iranian government. Additionally, several Iran-based individuals and companies linked to Rayan Fan Kav Andish Co., a previously sanctioned holding firm that supports the Islamic Revolutionary Guard Corps' unmanned aerial vehicle and aerospace efforts, face penalties.

"Treasury is holding Iran and Venezuela accountable for their...