The move is meant to punish Tehran for the attack against Israel without escalating the situation militarily.
Share on linkedin U.S. Treasury Secretary Janet Yellen speaks during a press conference amid the IMF-World Bank Group spring meetings. Photo: SAUL LOEB / AFP via Getty Imagesdrone, steel and auto industries, the Treasury Department announced.against Israel without escalating the situation militarily.
"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," Yellen said.President Biden said the U.S. is "committed to acting collectively to increase economic pressure on Iran."
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