US slaps new sanctions on Iran after missile strikes Breaking news

US slaps new sanctions on Iran after missile strikes Breaking news

The Trump administration on Friday announced a new wave of sanctions on Iran following this week’s missile strikes by the Islamic Republic on US bases in Iraq, SIA repots referring to TRT World.

Secretary of State Mike Pompeo and Treasury Secretary Steven Mnuchin said the new sanctions will target eight senior Iranian officials involved in "destabilising" activities in the Middle East as well as Tuesday's missile strike, which came in retaliation for the US killing of a senior Iranian general in a drone strike.

Mnuchin said President Donald Trump will issue an executive order imposing sanctions on anyone involved in the Iranian textile, construction, manufacturing or mining sectors. They will also impose separate sanctions against the steel and iron sectors.

The sanctions imposed on Iran are "symbolic", a sanctioned commander of Iran's elite Revolutionary Guards said. "It is symbolic for me ... And I am proud to be sanctioned by America."

Metal producers sanctioned

Among the senior Iranian officials targeted in the new measures were Ali Shamkhani, the secretary of Iran's Supreme National Security Council, Mohammad Reza Ashtiani, the Iranian armed forces deputy chief of staff and Gholamreza Soleimani, the head of the Basij militia, a volunteer force loyal to Iran's government.

The US Treasury also slapped sanctions on 17 Iranian metals producers and mining companies which it said generated "billions of dollars" in revenue. The sanctions also included a network of three entities that are based in China and Seychelles as well as a vessel "involved in the purchase, sale, and transfer of Iranian metals products," the Treasury said in a statement.

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