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Treasury Cracks Down on Global Networks Enabling Iran's Mahan Air and IRGC
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is designating six entities and individuals in China, India, Russia, and Iran, including multiple companies serving as general sales agents for the U.S.- and European Union-sanctioned Iranian airline Mahan Air. Although Mahan Air presents itself as a civilian carrier, it has long played a central role in enabling the Islamic Revolutionary Guard Corps (IRGC), providing travel services for IRGC-Qods Force personnel, facilitating military training, and supporting Iran's procurement and transport of unmanned aerial vehicle (UAV) systems and ...
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Ukraine has received €3.47 billion from the EU for critical defence needs
Ukraine has received €3.47 billion from the European Union under the Ukraine Support Loan. The funds will go towards critically important defence priorities: strengthening air defence and aviation capabilities, scaling up drone production, developing missile capabilities and reinforcing Ukraine's defence ...
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