US Issues Iran-Related Sanctions against China-Based Entities

A bronze seal for the Department of the Treasury is shown at the US Treasury building in Washington, US, January 20, 2023. (Reuters)
A bronze seal for the Department of the Treasury is shown at the US Treasury building in Washington, US, January 20, 2023. (Reuters)
TT

US Issues Iran-Related Sanctions against China-Based Entities

A bronze seal for the Department of the Treasury is shown at the US Treasury building in Washington, US, January 20, 2023. (Reuters)
A bronze seal for the Department of the Treasury is shown at the US Treasury building in Washington, US, January 20, 2023. (Reuters)

The US on Tuesday imposed sanctions on entities and individuals in Iran, the United Arab Emirates and China whom it accused of being part of an Iranian weapons procurement network, as President Donald Trump seeks to ramp up pressure on Tehran.

The US Treasury Department announced sanctions on six entities and two individuals in action taken in coordination with the Department of Justice, accusing them of responsibility for procurement of unmanned aerial vehicle (UAV) components on behalf of a leading manufacturer for Iran's drone program.

"Iran’s proliferation of UAVs and missiles - both to its terrorist proxies in the region and to Russia for its use against Ukraine - continues to threaten civilians, US personnel, and our allies and partners," Treasury Secretary Scott Bessent said in a statement.

"Treasury will continue to disrupt Iran’s military-industrial complex and its proliferation of UAVs, missiles and conventional weapons that often end up in the hands of destabilizing actors, including terrorist proxies."

Iran's mission to the United Nations in New York did not immediately respond to a request for comment.

Tuesday's action targeted one Iranian-based entity and two people based in Iran, one entity based in China and four UAE-based entities, according to the Treasury statement.

The Treasury said it was the second round of sanctions targeting "Iranian weapons proliferators" since Trump restored his "maximum pressure" campaign on Iran, which includes efforts to drive its oil exports down to zero in order to help prevent Tehran from developing a nuclear weapon.

Trump's February memo, among other things, ordered Bessent to impose "maximum pressure" on Iran, including sanctions and enforcement mechanisms on those violating existing sanctions.

Trump threatened Iran on Sunday with bombing and secondary tariffs if Tehran did not come to an agreement with Washington over its nuclear program.

In his first 2017-21 term, Trump withdrew the US from a 2015 deal between Iran and world powers that placed strict limits on Tehran's uranium enrichment activities in exchange for sanctions relief. Trump also reimposed sweeping US sanctions.

Since then, Iran has far surpassed that deal's limits on uranium enrichment.

Western powers accuse Iran of having a clandestine agenda to develop nuclear weapons capability by enriching uranium to a high level of fissile purity, above what they say is justifiable for a civilian atomic energy program. Tehran says its nuclear program is wholly for civilian power purposes.



Spain Rules Out Participating in Military Operations in Strait of Hormuz

FILE PHOTO: An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the US-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. REUTERS/Benoit Tessier/File Photo
FILE PHOTO: An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the US-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. REUTERS/Benoit Tessier/File Photo
TT

Spain Rules Out Participating in Military Operations in Strait of Hormuz

FILE PHOTO: An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the US-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. REUTERS/Benoit Tessier/File Photo
FILE PHOTO: An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the US-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. REUTERS/Benoit Tessier/File Photo

Spain will not take part in any military mission in the Strait of Hormuz because it considers the US-Israeli war on Iran to be illegal, Madrid's defense and foreign affairs ministers said on Monday. The leftist coalition government led by Prime Minister Pedro Sanchez has criticized the offensive and banned participating US aircraft from using jointly operated bases in southern Spain.

Defense Minister Margarita Robles rejected a demand by US President Donald Trump for military support to secure the waterway - which Tehran has de facto blocked to oil tanker traffic - and his threats of a "very bad future" for NATO allies failing to do so.

"Spain will never accept any stopgap measures, because the objective must be for the war to end, and for it to end now," Robles said.

The situation in the strait is a matter of grave concern for Europeans, but the European Union's position should be that the war must end regardless of economic considerations, Foreign Minister Jose Manuel Albares said, Reuters reported.

"We mustn't do anything that would add even more tension or cause the situation to escalate further," he told reporters in Brussels.

Some EU members such as Germany, Italy or Greece have also signalled they will not join military operations in the strait, while others including Denmark have yet to make a decision.

 

 

 


UK PM Starmer Says Work to Reopen Strait of Hormuz Will Not Be NATO-led

13 March 2026, Ireland, Cork: UK Prime Minister Keir Starmer meets student researchers at the Tyndall National Institute in Cork. Photo: Cathal Mcnaughton/PA Wire/dpa
13 March 2026, Ireland, Cork: UK Prime Minister Keir Starmer meets student researchers at the Tyndall National Institute in Cork. Photo: Cathal Mcnaughton/PA Wire/dpa
TT

UK PM Starmer Says Work to Reopen Strait of Hormuz Will Not Be NATO-led

13 March 2026, Ireland, Cork: UK Prime Minister Keir Starmer meets student researchers at the Tyndall National Institute in Cork. Photo: Cathal Mcnaughton/PA Wire/dpa
13 March 2026, Ireland, Cork: UK Prime Minister Keir Starmer meets student researchers at the Tyndall National Institute in Cork. Photo: Cathal Mcnaughton/PA Wire/dpa

British Prime Minister Keir Starmer said on Monday that ongoing work to reopen the Strait of Hormuz would not be a NATO mission but would involve a broad alliance ‌including Gulf ‌partners as well ‌as ⁠European countries and the ⁠United States.

"We are working with others to come up with a credible plan for the Straits ⁠of Hormuz to ‌ensure ‌that we can reopen shipping and ‌passage through the ‌Strait. Let me be clear, that won't be and it's never been envisioned ‌to be a NATO mission," Starmer told reporters.

"That ⁠will ⁠have to be an alliance of partners, which is why we're working with partners, both in Europe, in the Gulf, and with the US."


Kremlin Dismisses FT Report that Ukraine Peace Process is Fizzling Out

People gather on a bridge in front of the Kremlin during sunset on a warm and sunny day in Moscow, Russia, 13 March 2026. EPA/SERGEI ILNITSKY
People gather on a bridge in front of the Kremlin during sunset on a warm and sunny day in Moscow, Russia, 13 March 2026. EPA/SERGEI ILNITSKY
TT

Kremlin Dismisses FT Report that Ukraine Peace Process is Fizzling Out

People gather on a bridge in front of the Kremlin during sunset on a warm and sunny day in Moscow, Russia, 13 March 2026. EPA/SERGEI ILNITSKY
People gather on a bridge in front of the Kremlin during sunset on a warm and sunny day in Moscow, Russia, 13 March 2026. EPA/SERGEI ILNITSKY

The Kremlin on Monday dismissed a report by the Financial Times which suggested that the Ukraine peace process was fizzling out because US President Donald Trump's attention was now on Iran and he was losing interest in Ukraine as a result.

Kremlin spokesman Dmitry Peskov said Russia had noted such media reports, but had reached ⁠a different conclusion ⁠about Trump's attitude towards Ukraine peace talks.

"President Trump's frequent references to Ukraine in his recent statements suggest the opposite," Peskov told reporters, according to Reuters.

"Judging by his statements, President Trump has ⁠lost no interest whatsoever. Furthermore, he is strongly urging (Ukrainian President Volodymyr) Zelenskiy to strike a deal."

Trump expressed frustration with Zelenskiy in an interview with Politico earlier this month, saying the Ukrainian president "has to get on the ball, and he has to get a deal done."

Trump also rejected Zelenskiy's offer ⁠to ⁠help the US with downing drones over the Gulf states, telling NBC's Meet the Press that the "last person we need help from is Zelenskiy."

Peskov said Russia was still interested in continuing talks to end the war, but that a venue and date for the next round of negotiations remained unclear.