US will impose new sanctions targeting Iran, including its missile and drone program

While I was busy sorting through the NZ CPI dog’s breakfast (read the ps.) US political reports came through:

New sanctions on Iran:

against missile and drone programagainst entities supporting Islamic Revolutionary Guard Corp. (IRGC)against Defense Ministry

More:

White House National Security adviser Jake Sullivan:

We continue to work through the Department of Defense and U.S. Central Command to further strengthen and expand the successful integration of air and missile defense and early warning systems across the Middle East to furtherThese new sanctions and other measures will continue a steady drumbeat of pressure to contain and degrade Iran’s military capacity and effectiveness and confront the full range of its problematic behaviors

This article was written by Eamonn Sheridan at www.forexlive.com.