The imposition of sanctions on Iran, targeting industries critical to the development of war systems, the United States and Britain have announced. More specifically, the targets of the sanctions are, as announced, “the Iranian drone program, the steel industry and the automobile industry” and this was decided after last weekend’s attack against Israel.
Washington’s sanctions target “16 individuals and two entities that enable the production of Iranian drones” including the Shahed that were “used in the April 13 attack,” the US Treasury Department said in a statement.
They also involve three subsidiaries of the Iranian automaker Bahman Group and the Iranian Ministry of Defense.
US President Joe Biden said the United States will continue to hold Iran “accountable” with these new sanctions targeting the Islamic Republic.
He said the sanctions are intended to “restrain Iran’s destabilizing military programs,” according to the White House statement.
As for London’s sanctions, they target “numerous Iranian military organizations, individuals and entities involved in Iran’s drone and ballistic missile industries,” the finance ministry said.
Iran launched on the night of Saturday to Sunday more than 350 drones and missiles against Israel, almost all of which were intercepted in flight.
Tehran portrayed the attack as retaliation for a deadly strike attributed to Israel targeting the Iranian consulate in Damascus in early April.
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