Trump vows to impose ‘punishing’ sanctions on Iran but offers no details

“America will impose further punishing financial sanctions on the Iranian regime,” Trump mentioned in a quick White Home deal with. The President mentioned the extra sanctions on Iran would keep in place till the Islamic Republic “adjustments its conduct” towards the USA and international locations within the area.

Nevertheless it was not instantly clear what form these sanctions would take. The Treasury Division didn’t instantly reply to requests for remark.

The army strike, which the President mentioned brought on no casualties, got here days after the focused killing of Gen. Qasem Soleimani, the pinnacle of Iran’s elite Quds Power, by the US.

The Trump administration has been ramping up financial penalties as a part of its “most strain” marketing campaign on Tehran since the USA exited the Iran nuclear deal in Could 2018.

The brand new announcement follows a spherical of sanctions imposed in opposition to the Iranian area this previous September in response to assault on Saudi oil services, which the US blamed on Tehran.

In response, the administration imposed sanctions on two pillars of the Iranian financial system: the nation’s central financial institution and its sovereign wealth fund. The Pentagon additionally introduced plans to deploy further troops alongside the improved air and missile protection programs to Saudi Arabia and the United Arab Emirates.
These steps adopted “exhausting hitting” sanctions imposed by the Trump administration in June following the downing of a US drone. These punitive measures focused Iran’s Supreme Chief, army officers and its high diplomat, Overseas Minister Mohammad Javad Zarif.

Source link