Nov. 12 (UPI) -- The United States on Wednesday imposed another tranche of sanctions targeting Iran's ballistic missile and drone production capabilities, as the Trump administration continues to target Tehran under the resumption of its so-called maximum pressure campaign.
Thirty-two individuals and entities in Iran, the United Arab Emirates, Turkey, China, Hong Kong, India, Germany and Ukraine were blacklisted Wednesday on accusations of operating weapons procurement networks for Iran.
According to the U.S. Treasury, Iran is seeking to reconstitute its proliferation capabilities following its 12-day armed conflict with Israel in mid-June, and the sanctions announced Thursday are to hinder that effort by blocking proliferation networks from accessing the U.S. financial system.
"Across the globe, Iran exploits financial systems to launder funds, procure components for its nuclear and conventional weapons programs, and support its terrorist proxies," Under Secretary of the Treasury for Terrorism and Financial Intelligence John Hurley said in a statement.
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