White House National Security Advisor Jake Sullivan announced on Tuesday that new sanctions will be imposed on Iran following the recent attacks on Israel. The decision comes amidst criticism from Republicans who claim that the Biden administration has not been tough enough on Iran. The White House had previously extended a waiver allowing Iran access to $10 billion in escrowed funds in November 2023.
Sullivan stated that President Biden is working with allies, partners, and bipartisan leaders in Congress to formulate a comprehensive response. The upcoming sanctions will target Iran's missile and drone program, as well as entities supporting the Islamic Revolutionary Guard Corps (IRGC) and Iran's Defense Ministry.
