US Treasury Secretary Janet Yellen has announced that the Treasury will utilize its sanctions authority and collaborate with allies to disrupt the Iranian regime's destabilizing activities. Yellen made these remarks during a news conference in Washington, DC, where she expressed concerns about Iran's recent actions.
Yellen highlighted the recent attack over the weekend and the Houthi attacks in the Red Sea as examples of Iran's behavior that pose a threat to regional stability and could lead to economic repercussions. She emphasized the need for continued efforts to counter Iran's malign activities and prevent further destabilization in the region.
These statements from Yellen come as global finance ministers and central bank governors convene in Washington for the International Monetary Fund and World Bank spring meetings. The discussions at these meetings are expected to address various economic and financial issues, including the impact of geopolitical tensions on the global economy.
