US President Donald Trump says his administration has imposed further sanctions on Iran’s central bank following last weekend’s attacks on Saudi oil facilities.
Speaking in the Oval Office on Friday during a meeting with Australian Prime Minister Scott Morrison, Trump said, “We have just sanctioned the Iranian national bank.”
He did not give any other details about the sanctions.
US Treasury Secretary Steven Mnuchin told reporters that the bank was Tehran’s last source of funds, saying, “We have now cut off all funds to Iran”.
Asked about the possibility of a military response on Iran, Trump said the United States was always prepared and that a military strike was always a possibility.
Iran has denied any involvement in Yemen’s Sept. 14 attack against Saudi oil refineries, which shook global oil markets and ratcheted up tensions between Washington and Tehran. Saudi Arabia also blames the attacks on Iran.
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.”