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EU to tighten Iran sanctions after Israel attack

The European Union has expanded sanctions on Iranian drone and missile producers in response to Iran’s recent attack on Israel. European Council President Charles Michel stressed the significance of further isolating Iran, highlighting the need for decisive action.

These new sanctions build upon existing measures implemented by the EU, including penalties for Iran’s involvement in supplying drones to Russia. The decision to escalate sanctions was reached during a summit in Brussels, marking the first gathering of the bloc’s leaders since the attack on Israel.

In the wake of Iran’s assault, which involved a barrage of over 300 missiles and drones from multiple countries, the international community has urged restraint to prevent the situation from spiraling into a wider conflict. Despite calls for caution, Israel has not ruled out a potential response to the aggression.

German Chancellor Olaf Scholz emphasized the importance of de-escalation following the summit, encouraging Israel to leverage diplomatic channels to strengthen its position in the region. Scholz’s remarks reflect a broader sentiment among global leaders to mitigate tensions in the volatile Middle East.

Meanwhile, Israel has appealed to its allies to take robust action against Iran, advocating for sanctions on Tehran’s missile program and the designation of the Islamic Revolutionary Guard Corps (IRGC) as a terrorist organization. However, the EU and UK have not yet followed the United States in designating the IRGC as such.

In addition to EU sanctions, the United States is also considering imposing new penalties on Iran. US Treasury Secretary Janet Yellen highlighted the potential for disrupting Iran’s terrorist financing and targeting its oil exports as areas of focus. Furthermore, US National Security Advisor Jake Sullivan affirmed that Iran’s missile and drone programs, alongside the IRGC and Iranian defense ministry, would be subject to forthcoming sanctions.

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