US Imposes New Sanctions on Iran’s Drone Program in Response to Israel Strike

TFD – Get the latest insights into the US response to Iran’s drone program following the recent strike on Israel. Explore the implications of the new sanctions and the international community’s reaction to escalating tensions in the region. Stay informed about the economic measures and their impact on global security efforts amid heightened geopolitical challenges.

New sanctions were imposed by the US on Thursday against 16 individuals and two organizations connected to Iran’s drone program in an effort to hold Tehran accountable for its strike on Israel over the weekend.

Executives of an engine company that supplies Iran with the Shahad-131 drones used in the attack are the target of the sanctions, along with businesses that maintain the engines and anyone connected to supplying the drones to Iranian proxy forces operating in the Middle East.

Additionally, the Treasury Department announced that it was penalizing three Iranian automobile subsidiaries as well as five businesses connected to Iran’s steel sector.

The new restrictions aim to isolate Iran on the international front and cut off supplies to its drone and missile programs. They were coordinated with European partners.

However, they also serve as a warning to Israel from the US and its closest allies that a military reaction is not always necessary to thwart Iran’s most recent actions.

The US will “not hesitate” to hold Iran accountable, according to a statement made by President Joe Biden to coincide with the unveiling of the sanctions. Treasury Secretary Janet Yellen stated, “We’re using Treasury’s economic tools to degrade and disrupt key aspects of Iran’s malign activity, including its (unmanned aerial vehicle) program and the revenue the regime generates to support its terrorism.” “In the coming days and weeks, we will keep using our sanctions authority to take additional actions against Iran.

“Our actions make it harder and costlier at every turn for Iran to continue its destabilizing behavior,” she said.

Iran retaliated against Israel over the weekend with over 300 missiles and drones, saying that Israel had struck a diplomatic compound in Damascus and murdered senior Iranian military personnel. The majority of the incoming fire was stopped by Israel with assistance from the US and other surrounding nations.

Following the attack, Biden conferred with other leaders of the Group of Seven to denounce the act and devise a diplomatic reaction, which encompassed the creation of more sanctions.

In an effort to avert a more protracted regional conflict, Biden and other leaders have urged Israel to show caution in the wake of the weekend strike. According to the US and other nations, Israel’s military might was amply demonstrated by its ability to intercept the Iranian onslaught.

But Israel has not yet indicated how it will react. This week, the nation’s war cabinet has met on a few occasions without making any official announcements.

On Saturday night, Biden informed Israeli Prime Minister Benjamin Netanyahu over the phone that the US would not take military action against Iran. Rather, the White House has made it plain that, in retaliation for Tehran’s extraordinary attack on Israel, economic sanctions would be imposed.

The measures taken on Thursday would strengthen the already-toughest set of US sanctions. In an effort to hold the Iranian government accountable for violations of human rights and to keep it from acquiring nuclear weapons, the US has long pursued sanctions against Iranian leaders and businesses.

Yellen did not completely rule out imposing penalties on Iranian oil exports earlier this week. By doing this, there’s a chance that gas prices would rise and China, a major Iranian oil customer, may become enraged.

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