US announces new sanctions on Iran after missile strikes

The Trump administration on Friday announced a new wave of sanctions on Iran following this week’s missile strikes by the Islamic Republic on U.S. bases in Iraq.

US Treasury Secretary Steven Mnuchin said the new sanctions will target eight senior Iranian officials involved in “destabilising” activities in the Middle East as well as Tuesday’s missile strike, which came in retaliation for the US killing of a senior Iranian general in a drone strike.