The United States has announced new sanctions targeting Iran and Venezuela, accusing them of assisting in drone and ballistic missile trade. The measures, announced on Tuesday, apply to ten individuals and entities from both countries. According to the report, the Trump administration stated that such trade poses a threat to the United States and its allies in the Middle East. The sanctions include a Venezuelan company and its chairman, accused of purchasing Iranian drones, as well as three Iranian nationals allegedly involved in procuring chemicals used in ballistic missile production. Several Iran-based individuals and organizations linked to the previously sanctioned ‘Rayan Fan Group’ were also named. The US Treasury Department said the sanctions aim to restore UN restrictions related to Iran’s nuclear activities and increase economic pressure on Tehran. The Treasury further stated that Iran’s supply of conventional weapons to Venezuela threatens US interests in the Western Hemisphere and pledged to take all necessary measures to halt such trade.