Title : Presdient Trump Order More Sanctions On Iran
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Presdient Trump Order More Sanctions On Iran
I have just instructed the Secretary of the Treasury to substantially increase Sanctions on the country of Iran!— Donald J. Trump (@realDonaldTrump) September 18, 2019
CNBC: Trump orders Mnuchin to ‘substantially increase’ sanctions on Iran
* President Trump says he ordered the Treasury Department to “substantially increase” sanctions on Iran.
* The action comes after the U.S. accused Iran for the weekend attacks on critical Saudi oil installations.
* It was not immediately clear what the president directed Treasury Secretary Steven Mnuchin to do.
President Donald Trump said Wednesday he ordered the Treasury Department to “substantially increase” sanctions on Iran.
Trump’s announcement follows strikes Saturday on the world’s largest crude-processing plant and oil field in Saudi Arabia. The U.S. accused Iran of carrying out the attacks.
It was not immediately clear what steps the president directed Treasury Secretary Steven Mnuchin to take. The Treasury Department, White House and State Department did not immediately respond to CNBC’s requests to comment.
The strikes triggered the largest spike in crude prices in decades and renewed concerns of a budding conflict in the Middle East. All the while, Iran maintains that it was not behind the attacks.
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Update #1: Trump says he's ordering new sanctions on Iran after Saudi oil facility attack (CNN)
Update #2: War Averted? Trump Announces New Iran Sanctions Instead (Zero Hedge)
WNU Editor: What is there left to sanction?
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