UK sanctions Iran Air and IRISL over military transfers to Russia

LONDON (Reuters) -Britain on Monday imposed sanctions against Iran's national airline and shipping carrier, measures it said were taken in response to Iran's transfer of ballistic missiles to Russia.

The state-owned Iran Air and Islamic Republic of Iran Shipping Lines (IRISL) will face an asset freeze for their role in supplying weapons to Russia for use on the battlefield against Ukraine, Britain said.

"Iran’s attempts to undermine global security are dangerous and unacceptable," British Foreign Secretary David Lammy said. "We reiterate our call on Iran to cease its support for Russia's illegal war in Ukraine."

The sanctions will further restrict Iran Air's direct commercial air services to and from the UK.

Britain also sanctioned the Russian cargo ship PORT OLYA-3 for its role in transporting military supplies to Russia, it said.

(Reporting by Sachin Ravikumar; editing by Sarah Young)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Foreign banks have expressed UBS merger interest, Swiss newspaper reports
• South Korean military, UN command launch investigation into DMZ explosion
• Russia hits Ukraine's largest mobile provider, strikes data centres