On Tuesday, April 29, the U.S. Department of the Treasury sanctioned six entities and six individuals in Iran and China for their involvement in a network that operates on behalf of the Islamic Revolutionary Guard Corps (IRGC) to procure materials used in ballistic missile fuel production.
This network has played a role in transferring sodium perchlorate and dioctyl sebacate from China to Iran.
According to reports, the explosion at Rajaei Port was caused by shipments of sodium perchlorate that had recently been transported from China to Iran and stored at the site.
Both sodium perchlorate and dioctyl sebacate are key components used in the production of solid fuel for rocket motors, which are utilized in ballistic missiles.
U.S. Treasury Secretary Consults Global Banks on Iranian Oil Sanctions
“Iran’s aggressive development of missiles and other weapons capabilities imperils the safety of the United States and our partners,” said U.S. Secretary of the Treasury Scott Bessent. “It also destabilizes the Middle East, and violates the global agreements intended to prevent the proliferation of these technologies. To achieve peace through strength, Treasury will continue to take all available measures to deprive Iran’s access to resources necessary to advance its missile program.”
Among those sanctioned is the SAMAN TEJARAT BARMAN TRADING COMPANY in Iran, along with several members of its board of directors.
Mohammad Asgari, along with Abed Zargar Bab Aldasht (CEO), Hamed Zargar Bab Aldashti (Chairman of the Board), Zahra Zargar Bab Aldashti (Vice Chair), Forough Modarres Fathi (Board Member), and Abbas Pour Kazemi (Chief Auditor), are among the individuals listed in the sanctions.
