Tag Archives | Shahid Bakeri Industries Group (SBIG)

US Treasury Sanctions more Iranian Entities

The United States’ Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned five Iran-based entities subordinate to a key element of Iran’s ballistic missile program. Shahid Kharrazi Industries, Shahid Sanikhani Industries, Shahid Moghaddam Industries, Shahid Eslami Research Center, and Shahid Shustari Industries are being designated pursuant to Executive Order (E.O.) 13382 for being owned or […]

Trump Admin Extends Sanctions on Iran

On Wednesday, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated seven targets in connection with Iran’s ballistic missile program: OFAC designated two senior Iranian defense officials, including a defense official who facilitated the sale of explosives and provided other support to Syria and the director of the organization responsible for […]