US and UK issue new sanctions on Iran in response to Tehran's weekend attack on Israel

The US and UK on Thursday imposed a new round of sanctions on Iran as concern grows that Tehran's unprecedented attack on Israel could fuel a wider war in the Middle East. Treasury's Office of Foreign Assets Control targeted 16 people and two entities in Iran that produce engines that power the drones used in the April 13 attack on Israel. Additionally, the UK is targeting several Iranian military organizations, individuals and entities involved in Iran's drone and ballistic missile industries.

Read Full Story>>