The #UnitedStates will impose sanctions on Iran’s missile & drone program, as well as entities supporting the Iranian regime or military, #NationalSecurity adviser Jake Sullivan announced late Tues.
Earlier in the day, #Treasury Secretary Janet Yellen said additional sanctions on Iran would be forthcoming in retaliation for its attack against Israel over the weekend.
“#Treasury will not hesitate to work w/our allies to use our #sanctions authority to continue disrupting the Iranian regime’s malign & destabilizing activity,” she said.
Experts, however, say the #UnitedStates faces limited meaningful options for doing so w/o antagonizing #China or risking a spike in the price of oil.
#US ofcls & their #EU#allies are discussing potential #economic responses to Iran, as leading Western ofcls converged on Washington for the spring meetings of the % #IMF & #WorldBank. Their options are limited because #Iran is already one of the most heavily penalized countries in the world, w/ US #sanctions in effect on its #banking, #manufacturing & #energy sectors.
Add comment