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Trump announces 'highest sanctions ever' targeting Iran's central bank

Posted On: Sep 20, 2019   |   Posted By: Politico

President Donald Trump on Friday shared details of his administration's newest sanctions on Iran, targeting the Islamic Republic's national bank over Tehran's alleged involvement in a series of drone attacks on Saudi oil facilities last weekend. Trump claimed they would be the “highest sanctions ever imposed on a country,” telling reporters in the Oval Office that the penalties would go “right to the top” of the Iranian government. “You will be seeing certain things happening but a very major factor is what we did,” Trump said during a bilateral meeting with Australian Prime Minister Scott Morrison. “The highest sanctions ever imposed on a country. We've never done it to this level.” The latest sanctions layer on top of a slew of other penalties the Trump administration has imposed and reimposed as a result of Trump's unilateral withdrawal from a 2015 nuclear deal with Iran and other world powers. The existing sanctions have already targeted Iran's oil exports, its metal and mining industries and its ability...

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