US hits China- and Hong Kong-based entities with sanctions over Iran weapons

June 10, 2026 1:01 PM EDT

FILE PHOTO: U.S. and Iranian flags are seen in this illustration taken March 23, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

WASHINGTON, June ‌10 (Reuters) - The ​U.S. ​government on Wednesday said it was imposing ‌sanctions against 11 people and ⁠entities, including several based in ‌China and Hong Kong, ‌for supporting weapons procurement by Iran's Islamic Revolutionary Guard ​Corps and the Iranian military.

Nine of those designated ⁠were China- and Hong Kong-based individuals and ​companies that facilitated the procurement of weapons for Iran's ​military, and a ‌Hong Kong-based company operating within Iran’s clandestine banking ⁠network, the U.S. Treasury's Office of Foreign Assets Control said ⁠in a statement.

The U.S. State Department ​also designated two companies and individuals based in Iran and Belarus in ‌connection with Iran's conventional arms-related activities, Treasury ‌said.

(Reporting by Reporting by ⁠Andrea Shalal; additional ‌reporting by ​Daphne Psaledakis; editing by Susan Heavey and Costas ‌Pitas)



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

You May Also Be Interested In





Related Categories

Reuters