Iran Is Now Losing $120 Million A Day Due To U.S. Sanctions

Business Insider: Simple economics show how Trump is beating up on Iran without firing a shot

* President Donald Trump on Monday announced new sanctions targeted at Iran's top leadership and those thought responsible for downing a US drone flying near the country.
* Iranians have complained of feeling their "bones breaking" under enormous and effective Trump-imposed sanctions.
* Iran downed a $130 million US drone recently, but under Trump's sanctions, the country is likely losing more than $120 million a day in June.
* Trump has so far declined to go to war with Iran or carry out military strikes, and he seems happy to let the country simply suffer under economic warfare until they take the humiliating step of holding a dialogue.

President Donald Trump on Monday announced new sanctions targeted at Iran's top leadership and those thought responsible for downing a US drone flying near the country.

The sanctions join with previous US-imposed restrictions on trade with Iran to form some of the harshest sanctions on any country in the world, and Iran is feeling the effects.

Iran's official press has recently bragged about its military prowess when downing a US drone worth about $130 million, touting it as a nasty black eye for the world's military superpower.

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WNU Editor: These numbers do not reflect the loses that will be incurred with yesterday's sanctions. Bottom line .... U.S. sanctions may end up costing Iran tens of billions in revenues this year, and next year even more.

from War News Updates http://bit.ly/2Jc6w3c