President Donald Trump signed an executive order Monday imposing “hard-hitting” new sanctions on Iran in response to the downing of an unmanned U.S. drone last week.
“We will continue to increase pressure on Tehran until the regime abandons its dangerous activities,” including its nuclear ambitions, Trump told reporters in the Oval Office.
“We do not seek conflict with Iran or any other country,” Trump added. “I can only tell you we cannot ever let Iran have a nuclear weapon.”
The new sanctions deny Iran Supreme Leader Ayatollah Ali Khamenei and his office access to key financial resources, according to NBC News. In addition, the U.S. is sanctioning specific military leaders who were responsible for shooting down the drone, according to Treasury Secretary Steven Mnuchin.