Chinese companies aiding Iran in supplying drones to Russia, US says

Chinese companies helped Iran The infamous “Shahed” Drones Russia Has used to bombard UkraineAccording to U.S. officials, it is.

Iran’s drone maker has purchased “thousands of aerospace components” The transactions were routed through Hong Kong by a Chinese-based front firm. Treasury Department officials announced sanctions on supply chains as an exercise to enforce existing Iranian sanctions, but this punitive measure puts the spotlight on. ChinaRussia is receiving sidelong support war in Ukraine.

RUSSIA LAUNCHES ‘MASSIVE’ BARRAGE ACROSS UKRAINE

“Iran is directly implicated in the Ukrainian civilian casualties that result from Russia’s use of Iranian UAVs in Ukraine,” Brian Nelson, Treasury Undersecretary, said Thursday. “The United States will continue to target global Iranian procurement networks that supply Russia with deadly UAVs for use in its illegal war in Ukraine.”

Treasury Department Officials imposed sanctions along with the blacklisting a larger group. “shadow-banking” Network is accused of cooperating with Iranian petrochemical corporations.

“These multi-jurisdictional illicit finance systems provide sanctioned Iranian entities access to the international financial system and enable them to obfuscate their trade with foreign customers,” Thursday, Antony Blinken was the Secretary of State. “Iranian currency exchange houses create front companies abroad to enable trade on behalf of their Iranian clients and help them evade U.S. sanctions. Companies utilizing these networks have generated tens of billions of dollars for the Iranian regime across a variety of fields.”

President Joe BidenAs tensions simmer between both sides, the administration of’s imposed sanctions Iran ChinaThis is due in part to Russia’s hostile posture.