US, UK extend sanctions on Iran after attack on Israel

April 18, 2024

The US and UK have imposed a new wave of sanctions against Iran, following its drone attack on Israel.

Washington targeted 16 people and two entities that produced engines for the drones.

The UK Foreign Office imposed a travel ban and asset freeze on seven individuals and six entities, including those involved in drone and missile programmes.

Both countries already have hundreds of sanctions in place against Iran.

Announcing the sanctions on Thursday at the G7 Foreign Ministers meeting in Capri, Foreign Secretary Lord Cameron said the joint action with the US demonstrated “unequivocal condemnation of Iran’s attack on a sovereign state”.

“Today’s designations have been made under the UK’s new Iran sanctions regime, which enables the UK to target Iran’s hostile behaviour,” he said.

“Further escalation is in no one’s interest.”

The latest move follows Israel’s call for support from the international community after Iran’s direct assault on Saturday, involving more than 300 missiles and drones fired from Iran, Iraq, Syria and Yemen. Almost all were downed by Israel and its allies.

Iran has maintained the attack was in retaliation for a presumed Israeli air strike on its consulate in Syria on 1 April, in which 13 people were killed.

The US sanctions target Iran’s drone programme, its steel producers and vehicle companies connected to the Islamic Revolutionary Guard Corps (IRGC) and Ministry of Defence.

US President Joe Biden said leaders of the G7 group of leading world economies were committed to collectively increasing economic pressure on Iran.

“Our allies and partners have or will issue additional sanctions and measures to restrict Iran’s destabilising military programmes,” he said.

The US has imposed more than 600 sanctions on Iranian-related entities since Mr Biden took office three years ago, according to the US Treasury.

The latest measures by the UK Government add to a 400-strong list of sanctions against the country, which include the IRGC in its entirety.

The US and UK sanctions were announced a day after a new package of measures by the European Union.

The EU also agreed to expand sanctions on Iranian producers of drones and missiles, in addition to those already in place on selling drones to Russia for use in its war against Ukraine.

ALSO READ THESE TOP STORIES FROM NIGERIAN TRIBUNE