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.

After the latest Iranian attack on Israel, Biden officials are saying the story isn't over — nor do they want it to be — though they also want to avoid a major regional conflagration.

President Joe Biden and Israeli Prime Minister Benjamin Netanyahu spoke by phone Wednesday for the first time since Aug. 21, with Vice President Kamala Harris joining the call, the White House said. The "direct" and "productive" call covered a "range of issues" and lasted about half an hour, White House Press Secretary Karine Jean-Pierre said.