US Ramps Up Economic Response to Iran’s Aggression: Fresh Sanctions Loom After Israel Attack

Flags of the US and Israel | Credits: CNN
Flags of the US and Israel | Credits: CNN

United States: The United States is poised to implement fresh sanctions on Iran’s missile and drone program in response to Iran’s recent attack on Israel. This decision, announced by White House national security adviser Jake Sullivan, reflects a strategic shift towards utilizing economic measures to address Iran’s actions.

While President Biden is urging Israeli Prime Minister Benjamin Netanyahu to exercise restraint in military actions, the administration is signaling a willingness to retaliate against Iran on the economic front.

These coming sanctions, along with others prepared by Jackson Hole summit, have a subtle and different message for the Israeli government that the alternative road exists as it can address different approach to the Iranian regime’s behavior. The Biden administration is currently engaged in an active endeavor that involves the G7 countries and bipartisan leaders in the United States Congress, which is an effort to devise a total response to Iran’s aggression.

US President Joe Biden | Credits: The New York Times

In the Middle East, efforts are also ongoing to strengthen defenses, including boosting air and missile defense systems and enhancing early warning systems. Policy options consist of sanctions that target firms facilitating the operations of the Islamic Revolutionary Guard Corps (IRGC) and Defense Ministry. Sullivan mentioned that the US was expecting allies and partners to follow suit by implementing their own sanctions in the near horizon.

As Secretary Yellen of the Treasury tries to get support from other finance ministers, the latter meets in Washington for the spring IMF meeting to bring all the government’s efforts in the area of implementing sanctions under the coordination lead by the US. Yellen stresses that it would be a sine qua for the US to respond to the aggression from Iran with actions that would imply economic sanctions.

This announcement has followed a series of attacks against Trump officials and allies by the Republicans, which are the abode of criticism of the Biden administration’s views on Iran’s actions and Iranian allies in the Middle East. In fact, right now, Russian House advocates have scheduled some votes for the bills on imposing sanctions against Iran and its proxies. That will be a reaction to recent assaults by Iran’s Resistance forces against Israel.

Iran’s attack on Israel | Credits: News Agency

Thus, in conclusion, the strategy undertaken by the Biden administration to impose sanctions on Iran’s missile and drone program is the new tactic used for economic retaliation as part of global coordination attempts. This approach ensures that administration is taking the Iranian aggression as a big bite which has great logic of defense, economy, and the diplomatic package.