Trump to Announce New Iran Sanctions by Friday

No details, but says US will 'substantially' increase sanctions

Speaking in Los Angeles, President Trump told reporters on Wednesday that the US would be unveiling “substantially” increased sanctions against Iran within the next 48 hours.

The sanctions are nominally about Saturday’s drone attack on Saudi oil refineries, even though Yemen’s Houthis say they did that, not Iran. Trump offered no specifics, but said his thoughts on Iran have not changed.

His constant interest in increasing sanctions, however, has run into a lot of problems lately, because the US already sanctions pretty much everything Iran does at the maximum theoretical level as it is.

This likely means any “substantial” increase is impossible, and will probably boil down to a very vague series of targeted sanctions against individual government officials targeting US assets of Iranians who didn’t have any such assets to begin with.

Author: Jason Ditz

Jason Ditz is news editor of Antiwar.com.