U.S. unveils new sanctions targeting Iran’s drone program following Israel attack

The Biden administration on Thursday announced new sanctions targeting Iran’s drone program for its recent attack on Israel.

The sanctions target 16 individuals and two entities involved in Tehran’s drone production. Companies involved in the country’s steel industry and providing vehicles to Iran’s military were also targeted.

“Today, in coordination with the United Kingdom and in consultation with partners and allies, we are taking swift and decisive action to respond to Iran’s unprecedented attack on Israel,” Treasury Secretary Janet Yellen said in a statement.