US says new sanctions on Iran coming quickly


This video grab from AFPTV taken on April 14, 2024 shows explosions lighting up Jerusalem sky during Iranian attack on Israel. Iran's Revolutionary Guards confirmed early April 14, 2024 that a drone and missile attack was under way against Israel in retaliation for a deadly April 1 drone strike on its Damascus consulate. AFPTV / AFP

This video seize from AFPTV taken on April 14, 2024 reveals explosions lighting up Jerusalem sky throughout Iranian assault on Israel. Iran’s Revolutionary Guards confirmed early April 14, 2024 {that a} drone and missile assault was beneath means towards Israel in retaliation for a lethal April 1 drone strike on its Damascus consulate. (Picture by AFPTV / AFP)

Washington, United States — The US stated Tuesday it will quickly impose new sanctions on Iran’s missile and drone program after its weekend assault on Israel, and that it expects its allies and companions to comply with with parallel measures.

US Nationwide Safety Advisor Jake Sullivan’s announcement got here after Treasury Secretary Janet Yellen indicated punitive measures have been within the works, and European Union international coverage chief Josep Borrell stated his workplace was engaged on it.

READ: Israel pledges response to Iran strikes as allies push restraint

Iran despatched greater than 300 missiles, drones and rockets at Israel over the weekend, in what it stated was retaliation for a lethal strike on Tehran’s consulate in Damascus. Almost all the projectiles have been intercepted, and there was little harm.

“Within the coming days, the USA will impose new sanctions concentrating on Iran, together with its missile and drone program” in addition to the Revolutionary Guards and the Iranian protection ministry, Sullivan stated in a press release.

“We anticipate that our allies and companions will quickly be following with their very own sanctions,” he added.

“These new sanctions and different measures will proceed a gradual drumbeat of strain to include and degrade Iran’s navy capability and effectiveness and confront the complete vary of its problematic behaviors.”

US authorities have been utilizing financial instruments to counter Iran’s actions, taking goal at its drone and missile packages, in addition to its financing of teams like Hamas, which launched its personal assault on Israel on October 7.

Earlier, Yellen previewed the sanctions, telling reporters: “Iran’s actions threaten the area’s stability and will trigger financial spillovers.”

READ: Israel, Iran commerce accusations at Safety Council assembly

The Treasury is not going to hesitate to work with US allies to “use our sanctions authority to proceed disrupting the Iranian regime’s malign and destabilizing exercise,” she stated.

She added that “all choices to disrupt terrorist financing” will probably be on the desk.

‘Extra that we might do’ 

Months of warfare between Israel and Hamas in Gaza have triggered violence within the area involving Iranian proxies and allies who say they’re performing in help of Palestinians within the Gaza Strip.

However tensions have soared even larger with Tehran’s first direct assault on Israel, which has prompted appeals for de-escalation by world leaders fearing wider battle.

Yellen didn’t provide specifics on the potential measures to be taken, however stated Washington has been working to decrease Iran’s capability to export oil, including there may be “extra that we might do.”

The US can also be seeking to work with G7 companions and nations together with China to constrain Iran’s capability to entry items wanted to construct weapons, a senior Treasury official advised reporters.

“We’re going to have conversations with all main suppliers all over the world,” the official stated.

In Brussels, Borrell stated after an emergency assembly of EU international ministers that some member states had proposed “the adoption of expanded restrictive measures towards Iran” and that his workplace would start preparatory work.

“We have now to maneuver away from the sting of the abyss,” Borrell stated.

Sullivan stated that Washington had sanctioned greater than 600 Iran-linked people and entities “linked to terrorism, terrorist financing and different types of illicit commerce, horrific human rights abuses, and help for proxy terrorist teams.”

“The strain will proceed,” he warned.



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“We is not going to hesitate to proceed to take motion, in coordination with allies and companions all over the world, and with Congress, to carry the Iranian authorities accountable for its malicious and destabilizing actions.”



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