The US Treasury was working to enlist the aid of China, G7 partners and other major global suppliers to erode Iran’s ability to continue to export oil and to get the microelectronics needed for the drones it used to attack Israel and was selling to Russia. The United States is using financial sanctions to isolate Iran and disrupt its ability to fund proxy groups and support Russia’s war in Ukraine, Treasury has targeted more than 500 individuals and entities connected to terrorism and terrorist financing by the Iranian regime and its proxies since the start of the Biden administration in January 2021. Will sanctioning Iran really help to prevent its military advancement ?
