The United States announces new sanctions against Iran after the missile and drone attack on Israel

The United States announces new sanctions against Iran after the missile and drone attack on Israel

The United States on Thursday announced new sanctions against Iran, targeting its production of unarmed aerial vehicles (UAVs) following the missile and drone attack on Israel last weekend.

The US Treasury Department statement said the measures target 16 individuals and two entities that enable the production of Iranian UAVs, including the types of engines that power Iran’s Shahed variant UAVs, which have been used in the attack on April 13th.

Treasury said it is also designating five companies in various jurisdictions that supply steel-making component materials to Iran’s Khuzestan Steel Company, one of Iran’s largest steel producers, or that purchase finished steel products from the company.

The statement said three subsidiaries of the Iranian automaker Bahman Group, which the statement said materially supported Iran’s Islamic Revolutionary Guard Corps, were also targeted.

The statement said that at the same time as the Treasury’s action, the UK is imposing sanctions that target several Iranian military organisations, individuals and entities involved in Iran’s UAV and ballistic missile industry.

The US statement came after G7 finance ministers and central bank heads said following a meeting on Wednesday that they would “ensure close coordination of any future measures to reduce Iran’s ability to acquire, produce or transfer weapons to support destabilizing activities in the region.”

European Union leaders also agreed on Wednesday to toughen sanctions on Iran after Tehran’s attack on Israel prompted world powers to try to avoid a wider conflict in the Middle East.

Tehran says it launched the April 13 offensive in retaliation for Israel’s alleged April 1 attack on the Iranian consulate in Damascus, Syria. Israel has said it will retaliate, while a senior commander of Iran’s Revolutionary Guard said Thursday that Iran may review its “nuclear doctrine” following Israeli threats.

Source: Terra

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