US treasury secretary to introduce new sanctions on Iran during IMF conference later today – report

US Secretary of the Treasury Janet Yellen

© APA | US Secretary of the Treasury Janet Yellen

# 16 April 2024 15:09 (UTC +04:00)

US Treasury Secretary Janet Yellen is preparing to impose new sanctions on Iran following its unprecedented weekend attack on Israel, APA reports citing The Times of Israel.

According to the report, Yellen will introduce the sanctions during the annual International Monetary Fund conference in Washington DC later today, and will urge her counterparts attending the conference to take similar steps in their home countries.

In a script of Yellen’s planned remarks seen by Axios, she states that the US Treasury “will not hesitate to work with our allies to use our sanctions authority to continue disrupting the Iranian regime’s malign and destabilizing activity.”

Earlier today, Foreign Minister Israel Katz said he had urged 32 countries to impose sanctions on Iran’s missile program after the Sunday morning attack in which Tehran launched some 350 attack drones and missiles at Israel.