UK sanctions Iranian entities accused of deploying criminal proxies
🔴 Tension RisingThe Economic Times2026-05-12
The UK has announced new sanctions targeting Iranian entities involved in criminal proxy activities. These measures aim to disrupt illicit finance flows enabling the Iranian regime's destabilizing actions across West Asia, including the blockade of the Strait of Hormuz. The UK is coordinating with the EU to hold Iran accountable for hostile activity and restore freedom of navigation.