US announces sanctions targeting Iran's petroleum, petrochemical sectors over Israel attack

The US has announced caller sanctions targeting Iran's petroleum and petrochemical sectors successful effect to its October 1 onslaught connected Israel. In addition, the US is besides sanctioning 16 entities engaged successful the Iranian petroleum commercialized and blocking 23 vessels.

In a station connected X, the US State Department spokesperson Matthew Miller stated, "We are announcing wide caller sanctions connected Iran's petroleum and petrochemical sectors to further contradict the Iranian authorities the resources it whitethorn usage to money its destabilizing activities. We are besides sanctioning 16 entities engaged successful Iranian petroleum commercialized and blocking 23 vessels."

The US Secretary of State Antony Blinken said that the US is taking measures to disrupt the travel of gross that the Iranian authorities uses to money its atomic programme and enactment violent proxies.

In a statement, Blinken stated, "In the aftermath of Iran's unprecedented October 1 onslaught against Israel, the United States made wide that we would enforce consequences connected Iran for its actions. To that end, we are taking steps contiguous to disrupt the travel of gross the Iranian authorities uses to money its atomic programme and rocket development, enactment violent proxies and partners, and perpetuate struggle passim the Middle East."

Blinken said that the US Department of State has imposed sanctions connected six entities engaged successful Iranian petroleum commercialized and identified six vessels arsenic blocked property. Concurrently, the Department of the Treasury, successful consultation with the Department of State, is issuing a determination that volition pb to the imposition of sanctions against immoderate idiosyncratic determined to run successful the petroleum oregon petrochemical sectors of the Iranian economy.

In addition, the US Treasury has imposed sanctions against 10 entities and identified 17 vessels arsenic blocked spot for their engagement successful shipments of Iranian petroleum and petrochemical products successful enactment of US-designated entities National Iranian Oil Company oregon Triliance Petrochemical Co. Limited.

In a statement, the US Secretary of Treasury Janet L Yellen said, "In effect to Iran's onslaught connected Israel, the United States is taking decisive enactment to further disrupt the Iranian regime's quality to money and transportation retired its destabilizing activity."

She further said, "Today's sanctions people Iranian efforts to transmission revenues from its vigor manufacture to concern deadly and disruptive activity--including improvement of its atomic program, the proliferation of ballistic missiles and unmanned aerial vehicles, and enactment to determination violent proxies--with unsafe consequences for the portion and the world. We volition not hesitate to instrumentality further enactment to clasp Iran accountable."

Antony Blinken said that the US is committed to curtailing Iran's sources of gross for its malign activities. He stated that it volition proceed to usage each the tools astatine its disposal to clasp it accountable arsenic agelong arsenic Tehran uses its vigor revenues to money attacks connected our allies, enactment coercion astir the world, and prosecute different destabilizing actions. He noted that these measures volition beryllium reinforced by ongoing adjacent coordination with partners and allies to code and antagonistic Iran's actions.

On October 1, Iran launched astir 200 ballistic missiles towards targets successful Israel and the United States subject coordinated intimately with the Israeli Defence Forces to assistance support Israel against this attack.
US Naval destroyers joined Israeli aerial defence units successful firing interceptors to sprout down inbound missiles. Israeli Prime Minister Benjamin Netanyahu described Iran's rocket onslaught connected his state arsenic a "big mistake" and said Tehran would wage for it."