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US Treasury preparing new Iran sanctions after Israel attack, Axios reports

Published 04/16/2024, 06:38 AM
Updated 04/16/2024, 06:44 AM
© Reuters. FILE PHOTO: A view of a damaged area, after Iran's mass drone and missile attack, at a location given as Nevatim Airbase, Israel, in this screengrab taken from a handout video released April 14, 2024.  Israel Defense Forces/Handout via REUTERS/File Photo

(Reuters) - U.S. Treasury Secretary Janet Yellen is preparing fresh sanctions on Iran in response to Iran's attack on Israel, Axios reported on Tuesday, citing a copy of her remarks.

"Treasury will not hesitate to work with our allies to use our sanctions authority to continue disrupting the Iranian regime's malign and destabilizing activity," Yellen is prepared to say Tuesday, as per the Axios report.

"The attack by Iran and its proxies underscores the importance of Treasury's work to use our economic tools to counter Iran's malign activity," she will further say, Axios reported.

Yellen said previously that Iran's actions threatened stability in the Middle East and could cause economic spillovers, adding that the U.S. would use sanctions and work with allies.

 

 

Latest comments

Your mods are a joke.
So sanction Iran who responded to Israel hitting attacking their embassy - meanwhile not only do we not sanction Israel, we sell them more weapons so they can continue to persue a genocide. Good job america.
you do know why Israel took out those generals right. I'll help you out. they were instrumental in massacre that happened on October 7th. Iran itself said so in their memorial to them.
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