US and UK impose new sanctions on Iran after unprecedented attack on Israel

FILE - Israel i Iron Dome air defense system launches to intercept missiles fired from Iran , in central Israel , Sunday, April 14, 2024. The U.S. and U.K. on Thursday imposed a new round of sanctions on Iran as concern grows thatTreasury's Office of Foreign Assets Control targeted 16 people and two entities in Iran that produce engines that power the drones used in the April 13 attack on Israel . Additionally, the U.K.

Iran’s attack on Israel early Sunday came in response to what it says was an Israeli strike on Iran’s consulate in Syria earlier this month. Israel’s military chief said Monday that his country will respond to the Iranian attack, while world leaders caution against retaliation, trying to avoid a spiral of violence.

“I don’t want to exaggerate, but we are on the edge of a war, a regional war in the Middle East, which will be sending shockwaves to the rest of the world, and in particular to Europe,” he warned. “So stop it.” Iran's direct attack on Israel this week underscores the need to further cut off the Iranian regime's key revenue streams," Democratic Sen. Jeanne Shaheen of New Hampshire said in a statement. "I urge my colleagues in the Senate to support this bill — which has already passed the House — so that we can send it to President Biden's desk immediately.

It also comes as House Speaker Mike Johnson, R-La., released legislation Wednesday that would provide $95 billion in aid collectively to Israel, Ukraine and Taiwan. The aid package had been held up for months over Republican opposition to continuing wartime funding for Ukraine as it battles Russia. Iran's attack on Israel added urgency to Johnson's plans to bring the issue to the floor for a vote.

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