Trump says U.S. has sanctioned Iran's central bank

U.S. Treasury Secretary Steven Mnuchin says the bank was Tehran's last source of funds

September 21, 2019 01:03 am | Updated 01:03 am IST - WASHINGTON

U.S. President Donald Trump.

U.S. President Donald Trump.

The United States has imposed sanctions on Iran's central bank, U.S. President Donald Trump told reporters at the White House on September 20, nearly a week after attacks on oil facilities in Saudi Arabia that some U.S. officials have pinned on Tehran.

Mr. Trump did not give any other details about the sanctions.

Also read: U.S. military to present several options to Trump on Iran

U.S. Treasury Secretary Steven Mnuchin, also speaking to reporters, said the bank was Tehran's last source of funds.

Asked about the possibility of a military response on Iran, Mr. Trump said the United States was always prepared and that a military strike was always a possibility .

Iran has denied any involvement in the September 14 attack, which shook global oil markets and ratcheted up tensions between Washington and Tehran. On September 20, Saudi officials took media to inspect the affected facilities. Saudi Arabia also blames the attacks on Iran .

Also read: Oil production will be fully restored by September-end: Saudi Aramco CEO

Mr. Trump, who spoke to reporters at the White House alongside visiting Australian Prime Minister Scott Morrison, has said he wants a peaceful solution to the conflict following the weekend oil attacks. His Secretary of State, Mike Pompeo, has called the attacks an “act of war.”

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