
A comprehensive analysis of today’s Treasury action, global implications, and cross‑border enforcement The United States issued a significant new sanctions package today targeting Iran’s expanding drone and ballistic missile procurement networks and Venezuela’s state‑linked aerospace sector. This action reflects Washington’s growing concern over the deepening military and technological partnership between Tehran and Caracas a partnership…

Venezuela’s modern economy is overwhelmingly dependent on oil exports, with crude petroleum representing more than $4 billion in export value in 2025. Its top trading partners include the United States, China, Spain, Brazil, Turkey, and others that rely on Venezuelan oil, petroleum coke, fertilizers, and metals. A sudden geopolitical shock such as the capture of…