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US and Britain announce new Iran sanctions after missile and drone strike on Israel
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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Summary
US President Joe Biden said G7 leaders were committed to acting together to increase economic pressure on Tehran. Britain announced that it was also introducing sanctions on Iran in co-ordination with Washington.
The United States on Thursday announced new sanctions on Iran targeting its unmanned aerial vehicle production after its attack on Israel, and US.
US President Joe Biden said G7 leaders were committed to acting together to increase economic pressure on Tehran. Britain announced that it was also introducing sanctions on Iran in co-ordination with Washington.
Biden said the United States and its allies had helped Israel beat back the April 13 missile and drone strike and were now holding Iran accountable with the new sanctions and export controls.
“The sanctions target leaders and entities connected to the Islamic Revolutionary Guard Corps, Iran’s Defense Ministry, and the Iranian government’s missile and drone program that enabled this brazen assault,” Biden said in a statement.
British Foreign Secretary David Cameron called Iran’s behavior “unacceptable.”
“(It) is a message to Israel that we want to play our part in having a coordinated strategy that deals with Iran’s aggression,” Cameron said on the sidelines of a meeting of foreign ministers from the Group of Seven (G7) major Western powers in Italy.
Israel has said it will retaliate against Iran’s unprecedented launch of missiles and drones, while a senior Iranian Revolutionary Guards commander said on Thursday Iran could review its “nuclear doctrine” following Israeli threats.
Sanction targets
Treasury said it was also designating five companies in multiple jurisdictions providing component materials for steel production to Iran’s Khuzestan Steel Company (KSC), one of Iran’s largest steel producers, or purchasing KSC’s finished steel products.
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