Trump signs executive order delivering 'hard-hitting' sanctions against Iran

WASHINGTON (FOX NEWS) -- President Trump on Monday signed an executive order issuing "hard-hitting" sanctions against Iran, saying it would deny Iran's supreme leader access to financial instruments.

"Today's action follows a series of aggressive behaviors by the Iranian regime in recent weeks including shooting down a U.S. drone," Trump said in the Oval Office.

The president said Supreme Leader Ayatollah Ali Khamenei "is responsible for the hostile conduct of the regime."

He said the order "will deny the supreme leader and the supreme leader's office and those closely affiliated with him and the office access to key financial resources and support."

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