Overview

• The U.S. Treasury Department has announced new sanctions targeting Iran's oil industry to limit its funding of regional destabilization efforts, including support for terrorist proxies.
• The European Union is set to impose additional sanctions on Iran next week, focusing on individuals and entities linked to the Iranian regime.
• Iran has launched diplomatic efforts to mitigate the potential scale of Israel's response to its recent missile attack, amid concerns over a broader regional conflict.
• U.S. officials have urged Israel to avoid targeting Iranian nuclear sites, emphasizing the need for a proportional response to prevent escalation.
• Iran's key regional ally, Hezbollah, has been weakened by recent Israeli military operations, complicating Tehran's strategic position in the Middle East.