The US government has announced an expansion of sanctions on two Iranian energy sectors in an effort to cut off revenue that is allegedly being used by Tehran to fund proxy groups and create instability in the region. This move comes in response to Tehran's recent missile attack on Israel, which has heightened tensions in the region.
Secretary of State Antony Blinken stated that the US is taking these steps to disrupt the flow of revenue that the Iranian regime uses to fund its nuclear program, missile development, support terrorist proxies, and perpetuate conflict in the Middle East. The US government had previously warned of consequences following Iran's attack on Israel earlier this month.
