US, UK unveil sweeping sanctions on Iran's drone programme | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Wednesday
July 23, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
WEDNESDAY, JULY 23, 2025
US, UK unveil sweeping sanctions on Iran's drone programme

World+Biz

AFP
18 April, 2024, 07:50 pm
Last modified: 18 April, 2024, 08:27 pm

Related News

  • UK, France and 23 other nations condemn Israel over 'inhumane killing' of civilians
  • Israeli fire kills 67 people seeking aid in Gaza, medics say, as hunger worsens
  • UK discovers Russian 'espionage tool', sanctions GRU officers over cyberattacks
  • Israel and Syria agree ceasefire as Israel allows Syrian troops limited access to Sweida
  • Europeans warn Iran of UN sanctions if no concrete progress on nuclear issue

US, UK unveil sweeping sanctions on Iran's drone programme

Washington is targeting "16 individuals and two entities enabling Iran's UAV production, including engine types that power Iran’s Shahed variant UAVs, which were used in the April 13 attack," the Treasury Department said in a statement, referring to Iran's unmanned aerial vehicle program.

AFP
18 April, 2024, 07:50 pm
Last modified: 18 April, 2024, 08:27 pm
A drone is launched during a military exercise in an undisclosed location in Iran, in this handout image obtained on August 25, 2022. Iranian Army/WANA (West Asia News Agency)/Handout via REUTERS
A drone is launched during a military exercise in an undisclosed location in Iran, in this handout image obtained on August 25, 2022. Iranian Army/WANA (West Asia News Agency)/Handout via REUTERS

The United States and the United Kingdom announced widespread sanctions against Iran's military drone programme on Thursday in response to its weekend attack against Israel.

Washington is targeting "16 individuals and two entities enabling Iran's UAV production, including engine types that power Iran's Shahed variant UAVs, which were used in the April 13 attack," the Treasury Department said in a statement, referring to Iran's unmanned aerial vehicle program.

The United Kingdom is also imposing sanctions "targeting several Iranian military organisations, individuals and entities involved in Iran's UAV and ballistic missile industries," the Treasury Department said.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Tehran launched its first-ever direct military attack on Israel late Saturday in retaliation for an April 1 air strike on the Iranian consulate in Damascus -- widely blamed on Israel -- that killed seven members of the Islamic Revolutionary Guard Corps, including two generals.

EU leaders back new Iran sanctions after attack on Israel

The large-scale attack involved more than 300 drones and missiles, most of which were shot down by Israel and its allies including the US and the UK, causing little damage.

In response to the attacks, Israel's prime minister, Benjamin Netanyahu, said Israel reserves the right to protect itself.

"Today, in coordination with the United Kingdom and in consultation with partners and allies, we are taking swift and decisive action to respond to Iran's unprecedented attack on Israel," US Treasury Secretary Janet Yellen said in a statement.

G7 finance leaders pledge cooperation on Iran sanctions, frozen Russian assets

"We're using Treasury's economic tools to degrade and disrupt key aspects of Iran's malign activity, including its UAV program and the revenue the regime generates to support its terrorism," she continued.

"We will continue to deploy our sanctions authority to counter Iran with further actions in the days and weeks ahead," she added.

Alongside its sanctions against Iran's UAV program, the US is also sanctioning five companies providing parts for Iran's steel industry.

"Iran's metals sector generates the equivalent of several billion dollars in revenue annually, with the majority coming from steel exports," the Treasury Department said, adding it had also sanctioned an automaker involved in providing "material support" to Iran's Islamic Revolutionary Guard Corps.

Top News / Middle East

Iran / sanction / US / UK / Israel

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Photo: CA Press Wing
    Stronger stance needed on maintaining law and order: Political parties to CA
  • Volunteers collect and gather parts of the wrecked plane from the Milestone School and College grounds on Tuesday, a day after the devastating aircraft crash. Photo: Mehedi Hasan/TBS
    Grief, angst and anger: The unbearable toll of Milestone crash
  • Photo: Syed Zakir Hossain/TBS
    Secretariat protest: 75 injured in police-protester clash over edu adviser's resignation for delaying HSC rescheduling

MOST VIEWED

  • Screengrab/Video collected from Facebook
    CCTV footage shows how Air Force jet nosedived after technical malfunction
  • ISPR clarifies crashed plane was battle aircraft, not training jet
    ISPR clarifies crashed plane was battle aircraft, not training jet
  • The jet plane charred after crash on 21 July at the Milestone school premises. Photo: Mehedi Hasan/TBS
    Milestone plane crash: Death toll rises to 31 as nine more succumb to injuries
  • Students and police clash at Milestone School and College on 22 July 2025. Photo: TBS
    Protesting Milestone students clash with police, besiege law and education advisers
  • Photo: Syed Zakir Hossain/TBS
    Secretariat protest: 75 injured in police-protester clash over edu adviser's resignation for delaying HSC rescheduling
  • Aerial view of the Milestone school premises where the crash took place on 21 July. Photo: Olid Ebna Shah/ TBS
    ‘Why here?’: Concerns expressed over airbase inside city

Related News

  • UK, France and 23 other nations condemn Israel over 'inhumane killing' of civilians
  • Israeli fire kills 67 people seeking aid in Gaza, medics say, as hunger worsens
  • UK discovers Russian 'espionage tool', sanctions GRU officers over cyberattacks
  • Israel and Syria agree ceasefire as Israel allows Syrian troops limited access to Sweida
  • Europeans warn Iran of UN sanctions if no concrete progress on nuclear issue

Features

Photo: Mehedi Hasan/TBS

Aggrieved nation left with questions as citizens rally to help at burn institute

11h | Panorama
Photo: TBS

Mourning turns into outrage as Milestone students seek truth and justice

6h | Panorama
Illustration: TBS

Uttara, Jatrabari, Savar and more: The killing fields that ran red with July martyrs’ blood

1d | Panorama
Despite all the adversities, girls from the hill districts are consistently pushing the boundaries to earn repute and make the nation proud. Photos: TBS

Ghagra: Where dreams rise from dust for Bangladesh women's football

2d | Panorama

More Videos from TBS

What information did the director of the NBPSI give about the admitted patients?

What information did the director of the NBPSI give about the admitted patients?

4h | TBS Today
What is discussed at the Chief Advisor's meeting?

What is discussed at the Chief Advisor's meeting?

4h | TBS Today
Two advisors and press secretary were blocked at Milestone for 8 hours

Two advisors and press secretary were blocked at Milestone for 8 hours

4h | TBS Today
Chief advisor's meeting with 4 parties; what was discussed?

Chief advisor's meeting with 4 parties; what was discussed?

5h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net