Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Top News
Top News
Politics

US To Impose New Sanctions On Iran Soon, Yellen Confirms

U.S. Treasury Secretary Janet Yellen in Beijing

The United States is set to impose new sanctions on Iran in the coming days, according to Treasury Secretary Janet Yellen. The move comes as part of the ongoing efforts to pressure Iran over its nuclear program and other destabilizing activities in the region.

Yellen made the announcement during a virtual event hosted by the International Monetary Fund and World Bank. She emphasized the need for a coordinated international response to address Iran's behavior, highlighting the importance of holding the country accountable for its actions.

The decision to impose additional sanctions on Iran reflects the Biden administration's commitment to addressing Iran's nuclear ambitions and regional influence. The U.S. has been engaging in diplomatic efforts to revive the Iran nuclear deal, formally known as the Joint Comprehensive Plan of Action (JCPOA), which was abandoned by the Trump administration in 2018.

Yellen's statement signals a firm stance against Iran's activities and underscores the U.S. government's determination to use economic measures to deter Iran's behavior. The Treasury Department is expected to unveil details of the new sanctions in the coming days, with a focus on targeting entities and individuals involved in Iran's nuclear and missile programs.

The imposition of new sanctions is likely to further strain relations between the U.S. and Iran, which have been tense for years. The Biden administration has expressed willingness to engage in diplomacy with Iran but has also made it clear that it will not tolerate actions that threaten regional stability or global security.

As the situation continues to evolve, the international community will be closely watching the developments surrounding the U.S.'s approach to Iran and the impact of the new sanctions on the broader geopolitical landscape.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.