The Biden administration slapped fresh sanctions on Iran’s petroleum industry on Friday in retaliation for Tehran’s massive missile attack on Israel last week. The Treasury Department announced that the sanctions would target “the shadow fleet” of tankers and illicit operators that help transport the Iranian regime’s petroleum exports in violation of existing sanctions.

The commander of Iran's elite Revolutionary Guards warned Israel on Thursday against attacking the Islamic Republic in retaliation for a missile barrage as its arch-foe stepped up its offensive in Lebanon against Tehran-backed Hezbollah.

The Israeli government has told the Biden administration that it will avoid striking nuclear enrichment and oil production sites when it makes its initial response to Iran’s recent missile attack, two officials said on Tuesday.