Military Space News
NUKEWARS
U.S. issues fresh round of Iran-targeted sanctions
U.S. issues fresh round of Iran-targeted sanctions
by Darryl Coote
Washington DC (UPI) Apr 5, 2024

The United States issued Iran-targeted sanctions on Thursday, as the Biden administration seeks to threaten Tehran's ability to fund its Middle Eastern proxies and support Russia's war in Ukraine.

The Treasury's Office of Foreign Assets Control hit the Dubai-based Oceanlink Maritime DMCC with sanctions on accusations of shipping commodities for Iran's Armed Forces General Staff as well as its Ministry of Defense and Armed Forces Logistics.

It also identified 13 vessels operated by Oceanlink as blocked property.

Sanctions freeze all assets of the designated entity while barring U.S. persons from doing business with them under threat of being blacklisted as well.

Oceanlink was hit as it has been implicated in the illegal shipping of Iranian commodities.

According to the Treasury, Oceanlink-managed vessel Hecate was involved in a ship-to-ship transfer of more than $100 million in Iranian commodities on March 25 with Dover, a U.S.-blacklisted vessel operated by the National Iranian Tanker Company.

Officials said the commodities transfer was on behalf of another U.S.-sanctioned company, Sepehr Energy Jahan Nama Pars.

"We are focused on disrupting Iran's ability to finance its terrorist proxy and partner groups and support to Russia's war of aggression against Ukraine," Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson said Thursday in a statement.

"The United States will continue to use our full range of tools to target the illicit funding streams that enable Iran's destabilizing activities in the region and around the world."

The United States has authorized extensive sanctions against Iran over the years, and the Biden administration has sought to use this punitive measure to punish Iran over its furnishing of Russia with drones and other weapons amid its war against Ukraine.

It has also sought to tighten its financial vises on Tehran over its proxy militias seeking to take advantage of Israel's war against Iran-backed Hamas in Gaza.

Embolden by the conflict that erupted in early October, the Houthi rebels in Yemen have been attacking vessels transiting the all-important international shipping lane of the Red Sea, stating it is in solidarity with the Palestinian people.

The United States, along with Britain and other supporting countries, have formed a coalition to protect vessels in the trade route, intercepting Houthi-launched missiles as well as attacking Houthi military targets in Yemen.

The Biden administration has said it does not seek an escalation to the conflict, and has employed sanctions in an effort to hinder Iran's financial support of its proxy militia.

Related Links
Learn about nuclear weapons doctrine and defense at SpaceWar.com
Learn about missile defense at SpaceWar.com
All about missiles at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
NUKEWARS
Israel acting against Iran: Netanyahu
Jerusalem (AFP) April 4, 2024
The Israeli military was strengthening its defences on Thursday after a deadly strike on the Iranian consulate in Damascus drew threats of retaliation, with Prime Minister Benjamin Netanyahu threatening harm to those who hurt Israel. He spoke after the army paused leave for combat units, blocked GPS signals in certain places and strengthened "alertness" as its war against Hamas in Gaza nears its seventh month. "For years, Iran has been acting against us both directly and via its proxies; therefo ... read more

NUKEWARS
Israel deploys C-Dome defence system for the first time

Northrop Grumman integrates LTAMDS and Patriot in latest IBCS live-fire test

Dutch to deploy Patriot air defence unit to Lithuania

Northrop Grumman's Target Launch Elevates U.S. Missile Defense Testing

NUKEWARS
U.S. approves $138M emergency military sale of HAWK missile systems support to Ukraine

West failing to give Ukraine air defences it needs: EU's Borrell

Missile hits near ship off Yemen: security firms

LRASM test proves missile's superior capabilities in navy flight exercise

NUKEWARS
Hughes awarded satellite communications contract for Gray Eagle UAS

6 dead, 11 hospitalized in overnight Russian drone strikes on Kharkiv

Hughes secures contract to enhance Gray Eagle UAS with advanced satcoms

Northrop Grumman teams up with EpiSci to boost autonomy in tactical aeronautics

NUKEWARS
Troposcatter Technology by Ultra I&C enhances global defense networks

ATLAS Integrates DoD antenna into Hybrid Space Architecture

Eutelsat and Intelsat forge $500M partnership to expand OneWeb constellation

Satellites for quantum communications

NUKEWARS
Canada to boost military spending, but short of NATO target

NATO urged to ensure Ukraine arms flow as 100-bn-euro fund floated

NATO chief floats 100-bn-euro fund to arm Ukraine

France to provide armoured vehicles, missiles to Ukraine

NUKEWARS
US sent seized Iran weapons, ammo to Ukraine

Norway to nearly double defence budget over next 12 years

Billions of dollars: how US provides Israel with military aid

UK govt under pressure to suspend Israeli arms export licenses

NUKEWARS
Germany begins deployment of permanent Lithuania brigade

Japan and the US: wartime enemies to 'closest' allies

US warns to hold China accountable if Russia gains in Ukraine

Top Russia diplomat in China for official visit

NUKEWARS
Researchers unveil novel technique for creating atomically thin nanoscrolls

MIT.nano equipment to accelerate innovation in "tough tech" sectors

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.