US sanctions Iran's central bank in highest ever sanctions on a nation

US sanctions Iran's central bank in highest ever sanctions on a nation

Donald Trump announced a new round of sanctions against Iran's central bank, calling the new penalties the highest sanctions ever imposed on a country. His remarks came days after he ordered to substantially increase sanctions on Iran. The sanctions come after the US blamed Iran for the drone attacks on two Saudi oil facilities last week.


Key highlights:
  • The latest sanctions action against Tehran affected the last source of funds for Iran.The action comes after Washington accused Iran for the weekend attacks on Saudi oil refineries. 
  • He ordered the Treasury Department to substantially increase sanctions on the country.
  • Iran’s Foreign Minister Mohammad Javad Zarif blasted the new round of sanctions.
  • Iranian foreign ministry spokesman Abbas Mousavi that the sanctions against Iran's Central Bank are nothing new, but same old bans in a different form. The US to accept that the policy of sanctions is a failed one.

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