Treasury Secretary Janet Yellen warned Tuesday of potential global economic damage from rising tensions in the Middle East as the Biden administration said it was readying new sanctions in response to
Meanwhile, White House national security adviser Jake Sullivan also said Tuesday that coming U.S. sanctions would target Iran's missile and drone program and entities supporting the Islamic Revolutionary Guard Corps and Iran's Defense Ministry. "We've targeted over 500 individuals and entities connected to terrorism and terrorist financing by the Iranian regime and its proxies since the start of the Administration," Yellen said, citing sanctions against Iran's drone and missile programs, militant groups Hamas, the Houthis, Hezbollah, and other Iraqi militia groups.The annual gathering will take place as other ongoing conflicts, including Russia's invasion of Ukraine, threaten global financial stability.
Iran Iran Attack Iran Sanctions Sanctions Middle East Iran News Israel Israel Iran Sanctions On Iran Us Sanctions Iran Biden Iran Sanctions
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