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Yellen Says Fresh Sanctions on Iran in Expected Coming Days

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April 16, 2024

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US Treasury Secretary Janet Yellen warned that the US will strengthen its sanctions on Iran within days after the nation’s recent attack on Israel.

“I fully expect that we will take additional sanctions action against Iran in the coming days,” Yellen said at a press conference in Washington Tuesday. She also said that “all options” to disrupt Iran’s terrorist financing will be on the table, and that the US wouldn’t hesitate to work with allies to “continue disrupting the Iranian regime’s malign and destabilizing activity.”

Her comments come as finance ministers and central bank governors from across the world gather in Washington for the International Monetary Fund and World Bank spring meetings. Geopolitical developments are set to once again dominate the discussions, with conflicts in Ukraine and the Middle East continuing to pose a threat to the global economy.

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Yellen Says Fresh Sanctions on Iran in Expected Coming Days · Bloomberg News · Sentinel