The US Treasury is reportedly preparing to impose new sanctions on Iran following an attack on an Israeli-owned ship in the Gulf of Oman. According to a report by Axios, the Biden administration is considering a response to the incident, which is believed to have been carried out by Iran. The attack on the ship has heightened tensions in the region, with Israel blaming Iran for the assault.
The US has been in close consultation with Israel over the incident, and the Treasury Department is said to be working on a new round of sanctions targeting Iran. The move comes as the Biden administration seeks to address Iran's destabilizing activities in the Middle East.
Iran has denied any involvement in the attack on the Israeli-owned ship, but the US and Israel have expressed skepticism over Tehran's claims. The incident has once again brought to the forefront the long-standing tensions between Israel and Iran, as well as the broader geopolitical dynamics in the region.
The US has been working to revive the nuclear deal with Iran, but the recent attack has complicated efforts to reengage with Tehran. The Biden administration has emphasized the need for a diplomatic solution to the Iran nuclear issue, but has also made it clear that it will not tolerate threats to its allies in the region.
As the situation continues to unfold, the US Treasury's move to impose new sanctions on Iran is likely to further escalate tensions between the two countries. The Biden administration will be closely monitoring the situation and working with its allies to address the challenges posed by Iran's actions in the region.
