IRAN
Published 1 hour ago
Trump administration officially restores Iran sanctions
By Rich Edson | Fox News
Pompeo, Mnuchin detail new Iran sanctions
Trump administration targets banking and shipping sectors; Rich Edson reports from the State Department.
The Trump administration said it has taken its final steps to remove the United States from the 2015 Iran nuclear agreement.
On Monday, the administration said it restored previously lifted sanctions on Iranian banking, shipping and energy. Officials announced sanctions on 50 Iranian banks, 200 individuals and ships, an Iranian airline and more than 65 airplanes in what the Treasury Department said is its “largest ever single-day action targeting Iran.”
“The Iranian regime has a choice: It can either do a 180-degree turn from its outlaw course of action and act like a normal country, or it can see its economy crumble,” said Secretary of State Mike Pompeo. “I promise you that doing business with Iran in defiance of our sanctions will ultimately be a much more painful business decision.”
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READ MORE: https://www.foxnews.com/politics/trump-administration-officially-restores-iran-sanctions
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