The U.S. Treasury announced a series of restrictions against individuals and entities in Iran and other countries that provided parts for the production of Iranian military drones. “The U.S. Department of Treasury’s Foreign Assets Control (OFAC) is imposing sanctions on 10 entities and four individuals based in Iran, Malaysia, Hong Kong, and Indonesia supporting Iran’s unmanned aerial vehicle (UAV) production,” the Department stated. “This network, led by Iran-based Hossein Hatefi Ardakani, has facilitated the procurement of U.S.- and foreign-origin components worth hundreds of thousands of do…