Thursday 19 backend.Sep

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US Treasury Secretary warns of serious economic repercussions due to ME incidents.


US Treasury Secretary warns of serious economic repercussions due to ME incidents.

United States Secretary of the Treasury Janet Yellen issued a stern warning about Iran’s actions that pose a threat to the stability in the Middle East. She warned that these actions could lead to serious economic repercussions.

In her remarks, Yellen indicated that her ministry has imposed sanctions on more than 500 individuals and entities that are linked to terrorism practiced by Iran and its agents since 2021, according to Reuters.

 The U.S minister affirmed Washington’s determination to use sanctions as a tool to counter the malicious actions of Iran, and pledged to work with allies to reduce the effects of these actions that distort stability in the region.

 These statements come amid rising tensions in the region and reflect ongoing international efforts to contain Iranian threats and prevent the escalation of regional crises.