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Friday, November 8, 2024
WSJ: Trump to dramatically increase sanctions against Iran upon return to office
US President-elect Donald Trump plans to dramatically increase sanctions on Iran upon his return to the White House, sources familiar with his plans tells The Wall Street Journal.
According to the report, Trump will focus primarily on Iran’s oil industry, aiming to build on the sanctions he enacted between 2016-2020, and will make a concerted push to isolate Tehran “both diplomatically and financially.”
The source says that the severity of the sanctions will likely be impacted by the assessment that Iran is seeking revenge against Trump for the assassination of former Islamic Revolutionary Guard Corps chief Qasem Soleimani in 2020.