3 weeks ago

Trump Signals Draconian Iran Sanctions, Says Strait of Hormuz Open

Trump Signals Draconian Iran Sanctions, Says Strait of Hormuz Open
Trump says US has "draconian sanctions" ready for Iran · m.rediff.com

Donald Trump said the United States has very tough sanctions ready for Iran.

Sanctions are penalties meant to pressure a country.

He said the United States may decide later whether to impose more measures.

Trump said the Strait of Hormuz is still open.

He also said many boats are passing through the waterway.

Trump described a US naval blockade as extremely effective.

He said the next outcome could be much lower oil prices.

Otherwise, he said the United States may continue doing what it is doing now.

Key facts

Official
US President Donald Trump
Country facing sanctions
Iran
Possible action
Additional US sanctions described by Trump as “very draconian”
Waterway
Strait of Hormuz
Trump’s blockade assessment
“100% successful” and “extremely effective”
Reported shipping status
Trump said the strait was open and many boats were passing through
Potential economic outcome
Trump said oil prices could drop sharply or current measures could continue

Quotes

Donald Trump

U.S. President

“The naval blockade has been extremely effective. Zero--I mean, literally while it's up, and that's been for quite a while, you know, except for a couple of little pauses where we opened it purposely at... with a deal. But the blockade has been 100% successful.”
m.rediff.com
“We have things that we could sanction. We have very draconian sanctions, and we'll see what happens.”
m.rediff.com

Sources

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