"White House Imposes New Sanctions on Iran in Response to Israel Attack"

The White House is set to announce new sanctions on Iran, targeting its missile and drone program, following Iran's recent air attack on Israel. The sanctions will penalize entities supporting Iran's military, and the U.S. is coordinating with allies for a comprehensive response. Treasury Secretary Janet Yellen warned of potential economic spillovers from Iran's actions and highlighted previous sanctions imposed by the Biden administration on Iran-funded groups.