Free Trial

UK Announces New Sanctions On Iranian Military

IRAN

The United Kingdom has announced a fresh raft of sanctions on Iranian military officials and companies involved in the supply of drones to Russian.

  • On the list is Shahed Aviation Industries, the producer of Shahed-136 "kamikaze" drones, which have played a central roll in Moscow's recent strikes on Ukrainian critical infrastructure.
  • UK Foreign Secretary James Cleverly said: "There is clear evidence of Iran's destabilising role in global security."
  • He continued: "Today we are sanctioning those who have supplied the drones used by Russia to target Ukrainian civilians."
  • Similar sanctions are expected to follow from the United States and the European Union.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.