Yemen Monitor/Newsroom
Washington: US Treasury Secretary Janet Yellen on Tuesday warned that the US intends to hit Iran with new sanctions in the coming days over its unprecedented attack that was carried on Israel on Saturday in which they launched more than 300 drones and missiles, its first direct attack on the country, in retaliation for a suspected Israeli air strike on its embassy compound in Damascus on April 11 that killed elite military officers, and these actions could seek to reduce Iran’s capacity to export oil.
She said that the Treasury and State Department have taken previous action to contain Iran’s ‘destabilizing’ behavior by diminishing its ability to export oil.
“We don’t preview our sanctions tools. But in discussions I’ve had, all options to disrupt terrorist financing of Iran continue to be on the table,” Yellen added
She added: the Treasury and State Department have taken previous action to contain Iran’s “destabilizing” behavior by diminishing its ability to export oil. “Clearly, Iran is continuing to export some oil. There may be more that we could do. I don…
In prepared remarks, Yellen said Iran’s attack on Israel last weekend and its financing of militant groups in Gaza, Lebanon, Yemen and Iraq threatened stability in the Middle East and could cause economic spillovers.
The United States is using financial sanctions to isolate Iran and disrupt its ability to fund proxy groups and support Russia’s war in Ukraine, Yellen said.
Treasury has targeted more than 500 individuals and entities connected to terrorism and terrorist financing by the Iranian regime and its proxies since the start of the Biden administration in January 2021, Yellen said.
That has included targeting Iran’s drone and missile programs and its financing of the Palestinian group Hamas, the Houthis in Yemen, Hezbollah in Lebanon, and Iraqi militia groups, she said.
