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The United States and its allies will sanction Iran “in the coming days” for the attack on Israel

The US Secretary of the Treasury, Janet Yellen, said on Tuesday that the United States and its allies will sanction Iran “in the coming days” for the attack on Israel.

“We will take additional measures against Iran in the coming days,” he said at a press conference on the sidelines of the spring meetings of the International Monetary Fund (IMF) and the World Bank (WB), which are being held this week in Washington.

Yellen said that he will use those meetings, attended by the Ministers of Economy and Finance from almost the world, to coordinate a new round of sanctions against Iran.

“We never give details of the sanctions before announcing them. But in the conversations I have had, all the options to interrupt Iran’s terrorist financing are still on the table,” he stressed.

The head of the Treasury did not offer details about what sanctions they will impose on Iran the U.S. and its allies; but, asked by the press, she mentioned the possibility of increasing controls to prevent Tehran from bypassing the US sanctions they already thought about its oil sector.

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“Iran continues to export some oil. It is possible that something else can be done. I don’t want to advance anything about the sanctions that we could impose but, without a doubt, that is one of the areas that we could address,” he simply said.

In 2018, under the administration of Donald Trump, the United States again imposed sanctions on Iran’s oil sector and, since then, the Joe Biden Administration has tried to enforce those restrictions by imposing sanctions on companies from different countries that help Tehran export oil.

Despite these efforts, Iran continues to be able to evade US sanctions to export oil, China being one of its main customers.

The United States is studying with its G7 partners to impose more sanctions on Iran and designate the Iranian Revolutionary Guard as a terrorist group after the attack on Israel.

Several countries have already designated the Revolutionary Guard, a branch of the Armed Forces of Iran created after the Islamic Revolution of 1979, as a terrorist group.

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In 2019, the United States included the Revolutionary Guard on the blacklist of terrorist groups, while the Government of Canada said in January of this year that it was studying ways to include the Revolutionary Guard on its list of terrorist organizations.

For its part, the European Union (EU) is currently studying new sanctions against Iran to contain its drone and missile programs, according to the president of the European Commission, Ursula von der Leyen, on Sunday.

These efforts by the United States and its allies to promote new sanctions against Iran occur while several countries in the West have urged Israel to show restraint and avoid a strong military response to Iran’s attack, at the risk of triggering a large-scale war in the Middle East.

The spring meetings of the WB and the IMF that are held this week in Washington will bring together the world’s leading finance and economic ministers.

In addition, in parallel with those events, it is planned that there will be meetings of the ministers of Economy and Finance of the G20 and also of the G24, a group that brings together developing countries, including Iran.

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International

Floods in Central Vietnam leave 28 dead, thousands displaced

The death toll from heavy rains and flooding in central Vietnam has risen to 28, with six people reported missing and 43 injured, local newspaper VnExpress reported Friday night.

More than 22,100 homes remain flooded, primarily in the cities of Hue and Da Nang. Floods and landslides have destroyed or swept away 91 houses and damaged another 181, the report added.

Around 245,000 households are still without electricity, particularly in Da Nang, where over 225,000 homes are affected.

Additionally, 80 stretches of national highways are blocked or disrupted due to landslides. Authorities expect the flooding to continue for another day or two in the region.

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International

FBI foils ISIS-Inspired attack in Michigan, arrests five teens

Kash Patel did not provide further details, but police sources told CBS News that the potential attack was “inspired” by the Islamic State (ISIS).

“This morning, the FBI thwarted a potential terrorist attack and arrested several individuals in Michigan who were allegedly planning a violent attack during the Halloween weekend,” Patel wrote on X.

“Thanks to swift action and close coordination with our local partners, a possible terrorist act was prevented before it could be carried out,” he added.

CBS reported that five people between the ages of 16 and 20 were arrested on Friday. At least one of them was reportedly acquainted with a former member of the Michigan National Guard, who was arrested in May for plotting an ISIS-inspired attack on a U.S. military facility in the Detroit suburbs.

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International

U.S. warns China over Taiwan during high-level defense talks in Kuala Lumpur

U.S. Secretary of Defense Pete Hegseth expressed concerns over China’s growing military activity near Taiwan during a meeting on Friday with Chinese Defense Minister Dong Jun in Kuala Lumpur.

“It was a constructive and positive meeting,” Hegseth wrote on X. “I emphasized the importance of maintaining a balance of power in the Indo-Pacific and raised U.S. concerns about China’s actions around Taiwan,” the self-governed island that Beijing claims and does not rule out invading.

The meeting took place on the sidelines of the ASEAN Defense Ministers Meeting-Plus, one day after U.S. President Donald Trump met Chinese President Xi Jinping in Busan, South Korea. According to Trump, Taiwan was not discussed during their talks.

“The United States does not seek conflict and will continue to firmly defend its interests, ensuring it maintains the capability to do so in the region,” Hegseth added in his message.

Friday’s encounter followed a September 9 video call between Hegseth and Dong. Their previously planned meeting at the Shangri-La Dialogue in Singapore was canceled due to Dong’s absence from the event.

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Trump’s sit-down with Xi — their first since 2019 — resulted in some trade agreements but avoided addressing the issue of Taiwan, a long-standing source of tension between the world’s two largest powers.

Trump has taken a more ambiguous stance on Taiwan’s future compared with former President Joe Biden, who repeatedly stated that Washington would support Taipei if China launched an invasion. The Republican president has also criticized Taiwan for “stealing” the U.S. semiconductor industry.

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