New US Sanctions Target Iran's Military Procurement Networks Under Trump's Economic Fury Campaign
Published on: May 9, 2026, 3:04 p.m. | Source: Deccan Chronicle
According to the Treasury Department, the sanctions targeted procurement networks linked to the Center for Progress and Development of Iran (CDPI), previously known as the Center for Innovation and Technology Cooperation (CITC), which Washington accuses of coordinating Iranian technology and weapons acquisitions.\"While the surviving IRGC leaders are trapped like rats in a sinking ship, the Treasury Department is unrelenting in our Economic Fury campaign,\" said US Secretary of the Treasury Scott Bessent
