WASHINGTON, US
The United States and the
European Union say they are looking at imposing further sanctions on Iran,
after its attack on Israel at the weekend.Israel's military displays what it says is an Iranian ballistic missile retrieved from the Dead Sea.(Courtesy)
US Treasury Secretary, Janet
Yellen said she expected to take action "in the coming days", while
EU foreign policy chief Josep Borrell said the bloc was working on it.
Israel has urged its allies to
sanction Tehran's missile programme.
United Nations sanctions over
the programme expired in October.
Those sanctions had been
linked to a wider deal to limit Iran's nuclear programme.
However a number of countries
including the US, EU and UK maintained sanctions and added new ones.
The Israeli military's chief
of staff, Lt Gen Herzi Halevi, said on Monday that the Iranian attack would not
go unanswered.
Iran's first-ever direct
attack on Israel on Saturday saw a wave of more than 300 missiles and drones
fired from Iran, Iraq, Syria and Yemen, with most being downed by Israel and
its allies.
Tehran said the attack was
retaliation for a presumed Israeli air strike on its consulate in Syria on 1
April, in which 13 people were killed.
So far, Israel appears to have
countered with only a diplomatic offensive. Its foreign minister urged more
than 30 countries to impose sanctions on Iran's missile programme.
It has also called for the
Islamic Revolutionary Guard Corps (IRGC) - a major military, political and
economic force in Iran - to be designated a terrorist organisation, something
the US has already done but the UK has not.
Speaking on Tuesday, US
Treasury Secretary Ms Yellen said: "With respect to sanctions, I fully
expect that we will take additional sanctions action against Iran in the coming
days.
"We don't preview our
sanctions tools. But in discussions I've had, all options to disrupt terrorist
financing of Iran continue to be on the table."
She said Iran's oil exports
were "a possible area we could address", adding: "Clearly, Iran
is continuing to export some oil. There may be more that we could do."
Ms Yellen said the US was
already using financial sanctions to isolate Iran and disrupt its ability to
fund proxy groups and support Russia's war in Ukraine - including by targeting
more than 500 individuals and entities.
Existing US sanctions on Iran
already ban nearly all-American trade with the country.
US National Security Advisor
Jake Sullivan said later that the new sanctions would target "Iran
including its missile and drone program" as well as the Revolutionary
Guards and the Iranian defence ministry.
"We anticipate that our
allies and partners will soon be following with their own sanctions," he
added. "These new sanctions and other measures will continue a steady
drumbeat of pressure to contain and degrade Iran's military capacity and
effectiveness and confront the full range of its problematic behaviours."
Mr Borrell, the EU's top
diplomat, said some member states had asked for sanctions against Iran to be
expanded.
He said he would send a
request to the EU's diplomatic service to "start the necessary work
related to the sanctions".
Israeli Foreign Minister
Israel Katz welcomed the "positive trend towards the adoption of
sanctions" in a post on X, formerly Twitter.
World leaders have urged
restraint in a bid to avoid a major escalation in the Middle East, following
the latest attack.
US President Joe Biden - who
has repeatedly declared his support for Israel is "ironclad" - has
said he believes Israel should declare victory in this episode and "take
the win".
In a phone call on Tuesday
evening, UK Prime Minister Rishi Sunak warned Israeli Prime Minister Benjamin
Netanyahu against a further escalation in its response.
"He stressed that
significant escalation was in no one's interest and would only deepen
insecurity in the Middle East. This was a moment for calm heads to
prevail," a Downing Street spokesperson said.
The G7 group of the world's
seven richest countries was now "co-ordinating a diplomatic
response", they added.
Iran has indicated that it
deems the matter "concluded" unless Israel retaliates - with Iran's
President Ebrahim Raisi warning that "the slightest action against Iran's
interests will definitely be met with a severe, extensive and painful response".
Russia - an ally of Iran - has
also urged restraint, the Kremlin said on Tuesday following a call between
Russian President Vladimir Putin and President Raisi.
"Vladimir Putin expressed
hope that all sides would show reasonable restraint and prevent a new round of
confrontation fraught with catastrophic consequences for the entire
region," the Kremlin said.
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