U.S. sanctions Iran’s central bank, fund after Saudi oil attack

U.S. President Donald Trump first announced his plan for further sanctions on Iran earlier this week on Twitter.The United States on Friday imposed another round of sanctions on Tehran, including on Iran’s central bank and a development fund, following last week’s attack on oil facilities in Saudi Arabia that Riyadh and Washington have blamed on Iran.

The sanctions target the Central Bank of Iran, the National Development Fund of Iran and Etemad Tejarate Pars Co, an Iranian company that U.S. officials said is used to conceal financial transfers for Iranian military purchases, the U.S. Treasury Department said in a statement.Given previous U.S. efforts to cut off funds to Iran, it was not immediately clear how much more impact the latest sanctions would have.

Iran has denied any involvement in the Sept. 14 attack, which shook global oil markets and ratcheted up tensions between Washington and Tehran. On Friday, Saudi officials took media to inspect the affected facilities. Trump, who spoke to reporters at the White House alongside visiting Australian Prime Minister Scott Morrison, has said he wants a peaceful solution to the conflict following the weekend oil attacks. His secretary of state, Mike Pompeo, has called the attacks an “act of war.”

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Brent crude heading for 7 per cent weekly gain after Saudi attacksBrent’s biggest weekly gain would be the biggest since January; WTI is heading to a 6-per-cent rise for the week globebusiness Iran hits Arabian plants oils...& refinary facalities
Source: globeandmail - 🏆 5. / 92 Read more »

Morning Update: Trudeau says he began to view blackface as racist after 2008 election as MP; Iran’s Foreign Minister warns of ‘all-out war’ if hit for Saudi attackAlso: Two provinces now investigating cases of vaping-related respiratory illnesses Good God. This is insufferable. 2008 ? Wow Trudeau isn’t very smart is he TrudeauBlackface TrudeauMustGo He brought some very bad international press to us! What an embarrassment
Source: globeandmail - 🏆 5. / 92 Read more »

Brent crude heading for 7 per cent weekly gain after Saudi attacksBrent’s biggest weekly gain would be the biggest since January; WTI is heading to a 6-per-cent rise for the week globebusiness Iran hits Arabian plants oils...& refinary facalities
Source: globeandmail - 🏆 5. / 92 Read more »

Spike in gas prices expected to be short-lived, analyst saysA leap in gas prices because of an attack on a Saudi oil refinery is expected to be temporary, a petroleum expert said Wednesday. Yes, just like income tax was supposed to be. is this due to the Saudi attack? Expected
Source: CTVNews - 🏆 1. / 99 Read more »