US President Donald Trump said on Friday he had approved sanctions against Iran’s central bank on the sidelines of a White House Oval Office speech to reporters.
New “highest level” sanctions against Iran
Trump described the sanctions as “at the highest level”, and Trump said earlier on Wednesday he had ordered new sanctions against Tehran.
President announces sanctions at the ‘highest level’ against Iran after strike against Saudi oil facility.
After the attack on two Aramco oil facilities in Saudi Arabia
This follows the attack on two Aramco oil facilities in Saudi Arabia last Saturday. Riyadh and Washington have accused Tehran of being behind the attack. Which Iran has denied, while Yemeni Houthis have claimed responsibility.
Since Trump’s withdrawal from the Iranian nuclear deal on May 8, 2018. He passed a package of economic sanctions against Tehran. Which affected many sectors, most notably the oil sector and prominent figures.
On June 25, Trump signed an executive order imposing sanctions on Iran’s Supreme Leader, Ali Khamenei.
This comes amid heightened tensions between US and Iranian officials, while Iran refuses to engage in any talks with Washington before the lifting of sanctions.
Trump announced sanctions at the “highest level” on Iran’s central banking system.
- The economic penalties go to the “very top” of the country’s government.
- Iran’s economy is “going to Hell” and is “broke” because of sanctions his administration has imposed over its nuclear program.
“There’s never been another country more prepared,” Trump said of the U.S. military’s ability to strike Iran, veering again toward hawkish rhetoric after Tehran allegedly hit Saudi oil facilities with a missile strike.