U.S. Treasury Sanctions Iran's Rocket Fuel Supply Chain
The U.S. Office of Foreign Asset Control (OFAC) has sanctioned the procurement network that helps Iran's military import rocket fuel ingredients from China, an essential logistics arrangement for the Iranian ballistic missile program. The import scheme first came into public view in January, when intelligence sources tipped off the Financial Times to two Iranian ships that were loading chemical ingredients for ballistic missile propellant off Shanghai. The boxships Golbon and Jairan, owned and operated by the sanctioned Islamic Republic...
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