CNBC:
President Donald Trump on Friday said he has ordered sanctions on Iran’s national bank at “the highest level.”
The president made the remarks to reporters in the Oval Office, where he and Australian Prime Minister Scott Morrison were scheduled to hold a bilateral meeting.
Trump did not immediately elaborate on the sanctions. The White House declined CNBC’s request for additional comment. The Treasury Department did not immediately provide a comment.
The president’s remarks at the White House came two days after he announced via Twitter that he had instructed Treasury Secretary Steven Mnuchin “to substantially increase Sanctions on the country of Iran!”
U.S. officials, including Secretary of State Mike Pompeo, have accused Iran of orchestrating devastating strikes on Saudi oil installations over the weekend. Iran denies it is behind the attacks.
The Pentagon on Thursday called the attacks a “dramatic escalation” of tensions in the region.
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Zarif won't be able to use his Bank Melli Visa card while in New York!
I don't undrestand I thought all the financial institution in Iran are subject to sanctions so what is new.
Not only these banks have been sanctioned several times, but no high ranking Regime dude keeps his money there. Their money is all stashed away in Turkey, Malaysia, UAE, Canada, etc., or converted to Dollar, Euro or gold.
This meaningless sanction is another coward act by Trump. When the Regime shoots down a $150 million drone and Trump hides behind Melania's skirt, the Regime gets emboldened. When the Regime fires missiles and drones at the Saudi oil facilities and Trump does nothing, the Regime gets emboldened.
Khaak too sar Trump-e Ghoromsaagh and his wussie supporters.