Yellen says US set to tighten sanctions on Iran soon

WASHINGTON  -   US Treasury Secretary Janet Yellen warned Tuesday of further sanctions targeting Iran following its unprecedented attack on Israel over the weekend, saying she expects Washington will take added action “in the coming days.”

“I fully expect that we will take additional sanctions action against Iran in the coming days,” she said as this week’s spring meetings of the International Monetary Fund and World Bank began in Washington.

The Treasury, Yellen said, will not hesitate to work with US allies to “use our sanctions authority to continue disrupting the Iranian regime’s malign and destabilizing activity.”

Months of war between Israel and Palestinian militant group Hamas in Gaza have triggered violence in the region involving Iranian proxies and allies who say they act in support of Palestinians in the Gaza Strip.

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