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The US announced new sanctions against Iran

The United States has announced sanctions against 16 individuals and two entities involved in the production of the Iranian Shahed drones used in the attack on Israel on Sunday night. In particular, we are talking about a plant that produces engines for “martyrs,” as well as a company that services these engines. Persons subject to US sanctions are engaged in supplying Shaheds to Iran's allies in the region.

The US Treasury also announced sanctions against five Iranian steel companies and three automobile companies.

CNN reports that the purpose of the sanctions is to disrupt Iran's missile and drone programs and isolate it internationally. They were coordinated with the US's European allies.

“We are using the instrument of economic pressure to suppress and destroy Iran’s malign activities,

including the drone program and regime revenues that fuel support for terrorism,” said agency director Jennette Jelen. “We exchanged views with G7 leaders the morning after Iran's attack on Israel and agreed to collectively increase economic pressure on Iran,” Joe Biden said.

The UK has joined US sanctions: London announced sanctions against 13 organizations, including the leadership of the IRGC.

Let us recall that none other than the Biden administration unfrozen $16 billion in American banks in the summer of 2023 as part of the release of American hostages from Iran. Shortly after taking office in 2021, Biden reversed Trump's decision to restore UN sanctions on Iran.

The US announced new sanctions against Iran