London and Washington have blacklisted several Iranian military officials and companies in the steel, automotive and drone industries for the “destabilizing” strike on Israel last Saturday.
Iran had targeted Israel with a barrage of drones and missiles, in what Tehran called lawful retaliation for the April 1 bombing of its consulate in Damascus, Syria which killed seven high-ranking officers of the Islamic Revolutionary Guard Corps (IRGC) Quds Force.
British Foreign Secretary David Cameron announced the sanctions at the meeting of G7 foreign ministers in Capri, Italy. US Treasury Secretary Janet Yellen also issued a statement.
“The sanctions announced today alongside the US demonstrate our unequivocal condemnation of Iran’s attack on a sovereign state,” Cameron said.
“We’re using the Treasury’s economic tools to degrade and disrupt key aspects of Iran’s malign activity, including its UAV program and the revenue the regime generates to support its terrorism,” said Yellen. “Our actions make it harder and costlier at every turn for Iran to continue its destabilizing behavior.”
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