US announces more sanctions against Iran
January 10, 2020  23:01
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United States President Donald Trump has signed an executive order imposing another set of crippling sanctions against Iran, targeting several of its top leaders, military commanders, and its infrastructure industry, according to a statement from the White House on Friday.
    
Trump said the executive order authorises the imposition of sanctions against any individual or entity operating in the construction, manufacturing, textiles, or mining sectors of the Iranian economy or anyone assisting those who engage in this sanctioned business.
     
The sanctions are the latest in a series of retaliatory measures between the two nations.
     
Iran's powerful military commander Qasem Soleimani was killed last Friday in US drone strikes, ordered by President Trump, bringing the entire Gulf region close to a full-blown conflict.
     
Regional tensions remained high after Iran on Wednesday fired missiles at two bases in Iraq used by US forces.
     
"Today, I am holding the Iranian regime responsible for attacks against United States personnel and interests by denying it substantial revenue that may be used to fund and support its nuclear program, missile development, terrorism and terrorist proxy networks, and malign regional influence," said Trump on Friday, after signing the executive order.     
     
"This order will have a major impact on the Iranian economy, authorising powerful secondary sanctions on foreign financial institutions.
     
"The Iranian regime has threatened United States military service members, diplomats, and civilians, as well as the citizens and interests of our allies and partners, through military force and proxy groups. The United States will continue to counter the Iranian regime's destructive and destabilising behaviour," the president said.
     
Trump said the economic sanctions will remain till the Iranian regime changes its behaviour. -- PTI
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