Latest sanctions on Iran will block ‘billions’ in assets: US

France 24 | Jun 24, 2019 at 5:44 PM
  • The US sanctions slapped Monday on Iran’s supreme leader Ayatollah Ali Khamenei and other officials will block “literally billions” in Iranian assets.
  • Trump had considered a military strike after the drone was downed Thursday, then reversed himself minutes before it was to be carried out.
  • The sanctions largely freeze their targets out of much of the global financial system, blocking them from US-dollar-denominated transactions and barring international banks from moving money on their behalf while also freezing any assets under US jurisdiction.