The plan came into place amid US President Donald Trump's attempts to acquire Greenland, despite his statements that he "won't use force" to acquire it.

Diego Garcia is located about 4,000 kilometers from Iran, double the 2,000-kilometer range that Iranian Foreign Minister Abbas Araghchi said Iran’s ballistic missiles had last month. 

Supporters say the bill is needed amid a rise in antisemitism and a wave of demonstrations outside synagogues, including at Los Angeles’ Wilshire Boulevard Temple and Adas Torah.

The group had been conducting prayers for the Islamic holiday of Eid al-Fitr, the same day a fragment from an intercepted Iranian missile fell in the Jewish Quarter of the Old City of Jerusalem.

"In essence, we will be using the Iranian barrels against Tehran to keep the price down as we continue Operation Epic Fury," Bessent said.

According to the statement, the sanctions are intended to disrupt fundraising and money laundering activities carried out on behalf of Hezbollah’s finance team.

Even if facilities and equipment are damaged, Grossi emphasized that reconstruction would be "very possible," since Iran has the knowledge of how to build them.

Addressing the war in Iran, Guterres called for an end to Tehran's closure of the Strait of Hormuz, suggesting the UN could help protect the waterway and be part of a plan to de-escalate attacks.