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NewsBreak: Trump Says He's Authorized More Sanctions on Iran

Published 09/18/2019, 08:56 AM
Updated 09/18/2019, 09:04 AM
© Reuters.

Investing.com -- President Donald Trump tweeted that he has "just instructed the Secretary of the Treasury to substantially increase Sanctions on the country of Iran!"

  • No indication of any approval of military action given

  • Tweet comes as Secretary of State Pompeo meets with Saudi Crown Prince Mohammed bin Salman over possible responses to weekend attacks on Saudi oil installations

  • WTI Crude oil futures fall to $57.98 a barrel from $58.76 immediately before the tweet.

  • Brent at $63.63 a barrel vs $63.93 beforehand

  • "So nice that our Country is now Energy Independent," Trump says in earlier tweet.

    Latest comments

    Trump is not smart enough to deal with this problem, sanctioning Iran furthermore is not a solution.
    The more he does sanctions, the more it will back fire at him. Iran will look to disrupt more.
    s c r e w you for moderating comments
    Iran has never obliged and will never. Very wrong approach. Also foreign policy of Trump with NK is a joke. NK enjoyed the limelight and circus. Trump is clueless. Forcible agreements can be easily broken.
    We are not energy independent. The oil we produce is a light oil that has a lot of waste. Our refineries are set up for heavy crude with little waste. Once again Mr Prez you are wrong.
    provoque a country, sanction the country, then move the military next to the country, sanction again...
    Can we bring back the pallets of cash delivered to them by the last administration for really no reason at all?
    Don't be naive. EVERY Administration "gives" either Money or Weapons to Leaders around the World. We assist in interests parallel with that of the U.S. Those "interests" can change overnight!
    wait, that was actually money that was seized from them. They would only receive the money back if they agreed to random inspections, no refinement to a weapons grade uranium, and confirmation for 15 years. they agreed and that was that.
    Wait, that was actually money that was seized from Iran. They would only receive the money back if they agreed to random inspections, no refinement to a weapons grade uranium, and confirmation for 15 years. They agreed and that was that.
    iran has been getting away from the U.S. dollar for years. oil is normally traded in the dollar but Iran prefers the euro. so we will probably sanction the *******out of them wreaking their economy to the point they lash out giving the U.S. a reason to go to war
    Yeah, because everyone should bow down to the mighty US or get annihilated should they do something against the economic interests of 'Murica!
    And then take their oil
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