6/24/2019, 6:25 PM (Source: TeleTrader)
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US will sanction Iranian FM Zarif - Mnuchin

United States Treasury Secretary Steven Mnuchin said on Monday that Washington will add Iranian Foreign Minister Mohammad Javad Zarif to the list of sanctioned individuals later in the week. Speaking to reporters after President Donald Trump signed an executive order introducing more sanctions against Iran, Mnuchin pointed out that the US will block "billions" more in Iranian assets.

Earlier, President Trump announced a new set of punitive measures against Iran, particularly targeting the country's Supreme Leader Ayatollah Ali Khamenei. He said that Washington will not allow Iran to possess nuclear weapons," but insisted that the US does not want a conflict with the Islamic Republic.

The tensions between Washington and Tehran escalated last week when Iran shot down a US drone, claiming that the unmanned aircraft violated its airspace.

Breaking the News / SS