The U.S. Department of the Treasury has imposed sanctions on 21 entities and 17 individuals involved in networks that facilitate the acquisition of sensitive goods and technology for Iran's Ministry of Defense and Armed Forces Logistics, as well as its missile and military aircraft production efforts.
These networks have assisted in activities including the procurement of technology for advanced surface-to-air missile systems and the illicit purchase of a U.S.-manufactured helicopter, the Treasury said.
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Political News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.