The US has imposed sanctions on 700 Iranian targets as part of its “largest ever single day” of economic penalties against Tehran, fulfilling Donald Trump’s campaign pledge to take a harder line against the Islamic republic.
The economic curbs target the Iranian oil, financial and shipping sectors as the US seeks to force Tehran to rein in what the Trump administration says are its destabilising activities in the Middle East.
Steven Mnuchin, US Treasury secretary, said on Monday: “Today, the US is executing on the final actions to withdraw [from] the Obama administration’s fatally flawed Iran deal.
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