US targets Iran missile program with sanctions after strikes on regional rivals


(Worthy News) – The United States on Wednesday announced sanctions against Iranian defense companies after a spate of ballistic missile attacks on targets in Iraq, Saudi Arabia, and the United Arab Emirates.

The US and Iran’s neighbors blame Tehran for a March 13 strike on Erbil, Iraq, and for repeated missile strikes into Saudi Arabia and the UAE by Iranian-backed Houthi rebels in Yemen.

On Friday, a Houthi missile strike set ablaze a Saudi Aramco oil storage site, prompting warnings from angry Saudi leaders that the attacks threatened the stability of the world oil market. [ Source: Times of Israel (Read More…) ]

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