US imposes sanctions on 10 entities and individuals linked to Iran's defense procurement

On September 29, 2026, the United States Department of the Treasury announced the imposition of sanctions against 10 individuals and entities located in various countries, including China and Pakistan. These parties are accused of facilitating the procurement of weapons and related components for the Iranian Ministry of Defense.

U.S. Treasury Secretary Scott Bessent stated that these measures are part of the "Economic Outcast" operation, aimed at financially isolating the Iranian regime to force negotiations regarding the termination of the ongoing conflict. The Treasury asserts that it will continue to target, expose, and isolate any entities providing material, technological, or financial support to Iran, emphasizing a policy of zero tolerance for such activities.

This action follows the broader foreign policy goals of the Trump administration, which seeks to disrupt the Iranian military’s supply chain and curtail the regime's capacity to conduct operations. The U.S. government maintains that these sanctions represent an ongoing effort to identify and neutralize global networks that assist the Iranian government.