• Saturday, 12 October 2024

US imposes new sanctions on Iran for missile attack against Israel

US imposes new sanctions on Iran for missile attack against Israel

Washington, 12 October 2024 (dpa/MIA) - The US government on Friday announced new sanctions on Iran in response to Tehran's attack on Israel on October 1.

US Secretary of State Antony Blinken said the measures are aimed at disrupting "the flow of revenue the Iranian regime uses to fund its nuclear program and missile development, support terrorist proxies and partners, and perpetuate conflict throughout the Middle East."

Blinken said the sanctions were targeting "six entities engaged in Iranian petroleum trade and identifying six vessels as blocked property."

The US Treasury meanwhile was sanctioning "ten entities and identifying 17 vessels as blocked property for their involvement in shipments of Iranian petroleum and petrochemical products in support of U.S.-designated entities National Iranian Oil Company or Triliance Petrochemical Co. Limited."

The Treasury was also working to impose sanctions "against any person determined to operate in the petroleum or petrochemical sectors of the Iranian economy," Blinken said.

"As long as Iran devotes its energy revenues to funding attacks on our allies, supporting terrorism around the world, and pursuing other destabilizing actions, we will continue to use all the tools at our disposal to hold it accountable," Blinken said.

On October 1, Iran fired around 200 missiles at Israel in what it said was retaliation for the killings of Palestinian militant organization Hamas leader Ismail Haniyeh and the head of Hezbollah, Hassan Nasrallah.

Israeli Prime Minister Benjamin Netanyahu vowed Iran would "pay for" the major missile attack.