U.S. targets China-based network supporting Iran’s drone procurement efforts

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By Daphne Psaledakis and Michelle Nichols WASHINGTON (Reuters) – The United States on Thursday imposed sanctions on a China-based network over accusations it has shipped aerospace parts to an Iranian company involved in the production of drones that Tehran has used to attack oil tankers and exported to Russia. The U.S. Treasury Department in a statement said it imposed sanctions on the China-based network of five companies and one person it accused of supporting Iran’s unmanned aerial vehicle (UAV) procurement efforts. The Treasury said the network is responsible for the sale and shipment of t…

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