The Coffman Chronicle

The Coffman Chronicle

US Moves Against Iran-Venezuela Weapons Network, Sanctions 10 Individuals and Firms

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Team Coffman Chronicle
Jan 05, 2026
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Treasury Secretary Scott Bessent speaks to reporters on Air Force One while standing between Donald Trump and Trade Representative Jamieson Greer

WASHINGTON — The U.S. confirmed new sanctions on groups tied to Iran’s weapons trade with Venezuela, a move officials say heightens pressure on both governments’ military networks.

The Treasury Department’s Office of Foreign Assets Control on Tuesday added 10 individuals and entities based in Iran and Venezuela to its sanctions list for allegedly aiding …

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