Treasury Secretary Steven Mnuchin said on Monday the United States would increase economic pressure on Iran over its nuclear program, making the pledge during a Middle East trip that includes visits to U.S. allies Israel and Saudi Arabia, Reuters reported.
Sanctions reimposed on Tehran by President Donald Trump after he withdrew the United States from world powers’ 2015 nuclear pact with Tehran have dried up Iranian oil revenues and cut Iranian banks’ ties to the financial world.
Mnuchin, speaking in Jerusalem to reporters alongside Israeli Prime Minister Benjamin Netanyahu, who urged him to crank up pressure on Iran, offered no details on what new moves were in store.
“We have executed on a maximum pressure campaign for sanctions. They have worked, they are working, they are cutting off the money,” Mnuchin said.
He told Netanyahu: “We will continue to ramp up, more, more, more ... I just came from a very productive working lunch with your team. They gave us a bunch of very specific ideas that we will be following up.”
Since leaving the nuclear...
Read full story