Economic Fury Targets Iranian Missile and UAV Procurement Networks

“The Iranian regime must be held accountable for its extortion of global energy markets and indiscriminate targeting of civilians with missiles and drones,” said Secretary of the Treasury Scott Bessent in a statement released April 21.

The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning 14 individuals, entities, and aircraft based in Iran, Türkiye, and the United Arab Emirates for their involvement in procuring or transporting weapons or weapons components on behalf of the Iranian regime. As the United States continues to deplete Iran’s ballistic missile inventories, the regime is seeking to reconstitute its production capacity. Iran is increasingly relying on Shahed-series one-way attack unmanned aerial vehicles to target the United States and its allies, including energy infrastructure in the region. These designations support Economic Fury in response to the Iranian regime’s continued threats to global security.

“The Iranian regime must be held accountable for its extortion of global energy markets and indiscriminate targeting of civilians with missiles and drones,” said Secretary of the Treasury Scott Bessent in a statement released April 21.

This action builds on the firm implementation of National Security Presidential Memorandum 2 which directs the U.S. government to curtail Iran’s ballistic missile program, counter Iran’s development of asymmetric and conventional weapons capabilities, deny Iran a nuclear weapon, and deny Iran’s Islamic Revolutionary Guard Corps access to assets and resources that sustain its destabilizing activities. The action also represents Treasury’s fifth round of nonproliferation designations in support of the September 27, 2025, reimposition of United Nations sanctions and other restrictions on Iran, which occurred as a direct result of Iran’s “significant non-performance” of its nuclear commitments.

OFAC is designating three individuals for their support to Iran-based Pishgam Electronic Safeh Company (PESC)and its chief executive officer Iran-based Hamid Reza Janghorbani. PESC has procured thousands of servomotors with one-way attack UAV applications, which have been found in downed Shahed-136 UAVs, for Iran’s military.

Kamal Sabah Balkhkanlu is a Tehran-based currency exchanger who has acted as a longtime payment facilitator for PESC’s efforts to procure carbon fiber and servomotors, which are items sought by Iran for its ballistic missile and UAV programs. Iranian national Danial Khalili served as PESC’s agent facilitating the receipt and delivery of items procured through Janghorbani’s network.

The U.S. is also acting against a Türkiye-based company for its support to Iran-based Pardisan Rezvan Shargh International Prive Joint Stock Company. OFAC designated Pardisan Rezvan Shargh on December 30, 2025, for being owned or controlled by, or acting or purporting to act for or on behalf of Mostafa Rostami Sani, who had procured dozens of metric tons of sodium perchlorate for Parchin Chemical Industries, an element of Iran’s Defense Industries Organization that is responsible for the import and export of chemical goods.

“Under President Trump’s leadership, as part of Economic Fury, “said Secretary Bessent, “Treasury will continue to follow the money and target the Iranian regime’s recklessness and those who enable it.”