Browsing: Iran sanctions

The U.S. and U.K. impose new sanctions on Iran following an unprecedented attack on Israel, raising concerns of a wider conflict in the Middle East. The sanctions target individuals and entities involved in producing drones used in the attack, as well as firms in the steel and automotive industries supporting Iran’s military. President Joe Biden vows to continue imposing sanctions to degrade Iran’s military capabilities.

The EU will expand sanctions on Iranian producers of drones and missiles following Iran’s attack on Israel. More than 300 missiles were launched from Iran, with 99% of them shot down or intercepted by Israel and its allies. Iran launched its attack after an Israeli strike on its consulate building in Syria killed 13 people.