US announces new sanctions on Iran after missile and drone strike on Israel

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US announces new sanctions on Iran after missile and drone strike on Israel
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Biden says the US and its allies had helped Israel beat back the April 13 missile and drone strike and were now holding Iran accountable with the new sanctions and export controls

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“And our allies and partners have or will issue additional sanctions and measures to restrict Iran’s destabilizing military programs,” Biden said. Also targeted were three subsidiaries of Iranian automaker Bahman Group, which it said had materially supported Iran’s Islamic Revolutionary Guard Corps. Israel has said it will retaliate, while a senior Iranian Revolutionary Guards commander said on Thursday Iran could review its “nuclear doctrine” following Israeli threats.

“We’re using Treasury’s economic tools to degrade and disrupt key aspects of Iran’s malign activity, including its UAV program and the revenue the regime generates to support its terrorism,” U.S. Treasury Secretary Janet Yellen said in the statement.

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