US expands sanctions on Iran networks

The U.S. Treasury Department announced that it has imposed new sanctions on Iran targeting networks supporting Mahan Air. The sanctions include six entities and individuals in China, India, Russia, and Iran for acting as agents and supporters of the airline, which Washington alleges transports members of the Iranian Revolutionary Guard, weapons, and drones. This measure follows a drone attack that targeted two gas ships in the Port of Damietta in Egypt. The goal of the sanctions is to dismantle the networks backing Iran’s destabilizing activities in the region, thereby increasing the likelihood of escalation of threats in the area.

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