US Prepares Sanctions Against Iran: Media

The US Secretary of the Treasury, Janet Yellen, is preparing new sanctions against Iran, promising that Washington will "not hesitate" to implement economic restrictions in response to Israel's attacks. This was reported by Axios, citing a copy of her statement.

The article notes that such developments are a "subtle signal" to Israel that there are multiple ways to respond to Iran. Yellen also intends to exert pressure on finance ministers from other countries who are traveling to the US this week for the IMF's annual meeting, urging them to focus their governments’ attention on potential coordinated actions with Washington, the text states.

The Treasury Department will "work without hesitation with our allies to utilize our sanctions authorities to continue disrupting the harmful and destabilizing activities of the Iranian regime," Axios quotes her statement.

Meanwhile, Israel's Ministry of Foreign Affairs has appealed to 32 countries, calling for sanctions against Iran's missile program and designating the Islamic Revolutionary Guard Corps (IRGC) as a terrorist organization.