I Prayed have prayed
Lord, give us, your servants, great boldness in preaching Your word. Stretch out Your hand with healing power; may miraculous signs and wonders be done through the name of Your holy servant Jesus(Acts 4:29,30)
Reading Time: 2 minutes

The U.S. will impose sanctions on some Chinese entities for knowingly transporting oil from Iran, Secretary of State Mike Pompeo said, the latest attempt from Washington to ratchet up pressure on Iran.

“The more Iran lashes out, the greater our pressure will be,” Pompeo said Wednesday morning, during a speech on the sidelines of the United Nations General Assembly.

Pray about the ongoing conflict with Iran. Download our helpful prayer resource.

The Trump administration ordered a fresh round of sanctions against Tehran last week, in response to an earlier attack on Saudi Arabia’s oil production facilities. Those sanctions targeted Iran’s central bank, which Treasury Secretary Steven Mnuchin said was the nation’s last source of funds. “This is very big,” Mnuchin said at the time. “We’ve now cut off all source of funds to Iran.”

Although Yemen’s Houthi rebels initially claimed responsibility for the attack — which resulted temporarily in a loss of roughly 6 percent of the world’s oil output — the U.S. and its European allies suspect Iran was behind the attack. Iran denies the accusations.

Pompeo also said the U.S. will take steps to disentangle the Islamic Revolutionary Guard Corps from the Iranian economy by educating countries about the risk of doing business with IRGC entities. “We will punish them if they persist in defiance of our warnings,” he said.

Pompeo’s announcement came one day after Trump’s speech before the UN General Assembly, during which he condemned Iranian leaders’ “bloodlust” in a scathing speech. “All nations have a duty to act. No responsible government should subsidize Iran’s bloodlust. As long as Iran’s menacing behavior continues, sanctions will not be lifted, they will be tightened,” Trump said.

Iran has refused to negotiate with the U.S. unless it returns to the 2015 Iran nuclear deal, which Trump abandoned last year.

(Excerpt from Fox Business. Article by Megan Henney.)

Comments (0) Print

Comments

Leave A Reply

Your email address will not be published.

No comments have been posted yet; you can be the first!

Partner with Us

Intercessors for America is the trusted resource for millions of people across the United States committed to praying for our nation. If you have benefited from IFA's resources and community, please consider joining us as a monthly support partner. As a 501(c)3 organization, it's through your support that all this possible.

Dave Kubal
IFA President
Become a Monthly Partner

Share

Click below to share this with others

Log in to Join the Conversation

Log in to your IFA account to start a discussion, comment, pray, and interact with our community.