U.S. Sanctions Iran Over Saudi's Oil Facility Blast
Written by Ibraheem Sikiru
Published on 9/21/2019 7:08:54 AM
United States of American Secretary of State Pompeo had announced the state's sanctions on the government of Iran. The sanctions come after Iran is suspected to be in support of the attack on Saudi Arabian oil facilities.
World's largest oil facility in Saudi Arabia was attacked by drones setting the facilities ablaze with about a billion barrel per day cut in Saudi's oil exploration. This has eventually caused rise in oil price in the global market.
According to Secretary of State Pompeo "the U.S. has sanctioned Iran’s Central Bank and National Development Fund, both of which finance the regime’s terrorism. Attacking other nations and disrupting the global economy has a price. The regime must be held accountable through diplomatic isolation and economic pressure.
U.S. had previously condemned the Iranian attack and call on other countries of the world to join force in condemning the Iranian activities.
Secretary of State Pompeo said "Tehran is behind nearly 100 attacks on Saudi Arabia while Rouhani and Zarif pretend to engage in diplomacy. Amid all the calls for de-escalation, Iran has now launched an unprecedented attack on the world’s energy supply. There is no evidence the attacks came from Yemen.
"We call on all nations to publicly and unequivocally condemn Iran’s attacks. The United States will work with our partners and allies to ensure that energy markets remain well supplied and Iran is held accountable for its aggression," Pompeo stated.
More sanctions are being expected as U.S. government is talking with ally countries to join force in stopping Iranian suspected campaign for terrorism.