The U.S. and U.K. on Thursday imposed a new round of sanctions on Iran as concern grows that Tehran’s unprecedented attack on Israel could fuel a wider war in the Middle East. Treasury’s Office of Foreign Assets Control targeted 16 people and two entities in Iran that produce engines that power the drones used in the April 13 attack on Israel. Additionally, the U.K. is targeting several Iranian military organizations, individuals and entities involved in Iran’s drone and ballistic missile industries.
Quick Read
- New Sanctions Imposed: The U.S. and U.K. have announced new sanctions against Iran in response to Tehran’s recent drone attack on Israel. The U.S. targeted 16 individuals and two entities involved in producing drone engines, while the U.K. focused on various Iranian military organizations and individuals linked to the drone and ballistic missile industries.
- Statement by Treasury Secretary: Janet Yellen affirmed the commitment to use sanctions to counteract Iranian threats, indicating that further measures may follow in the near future.
- Background of the Attack: Iran’s assault on Israel on April 13 was a retaliatory act for an alleged Israeli strike on an Iranian consulate in Syria.
- Legislative Actions: U.S. lawmakers are actively advancing legislation to impose financial penalties on Iran and its leadership.
- International Reactions: Following the attack, global leaders, including the EU, have expressed concerns about the potential for a broader regional conflict. The EU plans to intensify sanctions targeting Iranian drone and missile exports to various proxies.
- Warnings Against Escalation: Both U.S. and European leaders are urging restraint to prevent further escalation into a regional war that could have widespread implications.
The Associated Press has the story:
US, UK issue new sanctions on Iran in response to its weekend attack on Israel
Newslooks- WASHINGTON (AP) —
The U.S. and U.K. on Thursday imposed a new round of sanctions on Iran as concern grows that Tehran’s unprecedented attack on Israel could fuel a wider war in the Middle East.
Treasury’s Office of Foreign Assets Control targeted 16 people and two entities in Iran that produce engines that power the drones used in the April 13 attack on Israel. Additionally, the U.K. is targeting several Iranian military organizations, individuals and entities involved in Iran’s drone and ballistic missile industries.
“We will continue to deploy our sanctions authority to counter Iran with further actions in the days and weeks ahead,” Treasury Secretary Janet Yellen said in a statement.
The action comes after U.S. officials earlier this week warned that they were readying new sanctions in response to Iran’s activity in the region and to prevent future attacks. Lawmakers on Capitol Hill also have been quickly pushing forward legislation that would financially punish the Islamic Republic and its leaders.
Iran’s attack on Israel early Sunday came in response to what it says was an Israeli strike on Iran’s consulate in Syria earlier this month. Israel’s military chief said Monday that his country will respond to the Iranian attack, while world leaders caution against retaliation, trying to avoid a spiral of violence.
European Union leaders also vowed on Wednesday to ramp up sanctions on Iran, targeting its drone and missile deliveries to proxies in Gaza, Yemen and Lebanon.
EU foreign policy chief Josep Borrell said the existing EU sanctions regime would be strengthened and expanded to punish Tehran and help prevent future attacks on Israel. At the same time, he said, Israel needed to exercise restraint.
“I don’t want to exaggerate, but we are on the edge of a war, a regional war in the Middle East, which will be sending shockwaves to the rest of the world, and in particular to Europe,” he warned. “So stop it.”
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