18 April 2024

In response to Iran’s 13 April retaliatory strikes against Israel, the U.S., in coordination with the UK, sanctioned “sixteen individuals and two entities enabling Iran’s UAV production… five companies in multiple jurisdictions providing component materials for steel production… and three subsidiaries of Iranian automaker Bahman Group”; according to the Treasury Department, the “new industries targeted generate billions of dollars in annual revenue”. The Department of Commerce in parallel approved “new controls to restrict Iran’s access to technologies such as basic commercial grade microelectronics”.

Subscribe to Crisis Group’s Email Updates

Receive the best source of conflict analysis right in your inbox.