"We have advised Swift that it must disconnect any Iranian financial institution that we designate as soon as technically feasible to avoid sanctions exposure", Mnuchin said.
An effigy of the US President Donald Trump, placed on huge prints of a 100 US dollar banknote, was burned outside the former US embassy, while others were seen burning actual dollars.
UAE Minister of State for Foreign Affairs Dr Anwar Mohammed Gargash said on Saturday that Iran's "aggressive policies" were "largely responsible" for the reimposition of U.S. sanctions on Tehran. He also said that 700 Iranian persons and entities would be added to the blocked list on Monday, including 300 of which had been removed from it during the time the United States remained a party to the Joint Comprehensive Plan of Action (JCPOA).
The official White House Twitter account also quote-tweeted Trump's announcement, writing, "The United States has launched a campaign of economic pressure to deny the regime the funds it needs to advance its bloody agenda!"
Iranians have begun holding rallies across the country to mark the anniversary of the 1979 takeover of the USA embassy in Tehran. The two actresses were clearly not happy about Trump's decision to use their show's promotional materials for his own political gain and HBO even accused him of "trademark misuse".
Although precise figures are rarely available in the notoriously opaque oil market, most analysts say Iran's exports dropped from around 2.5 million barrels per day in April to roughly 1.6 million in October. Trump announced the U.S.'s withdrawal from what he described as "the awful, one-sided" nuclear deal.
Trump versus Obama on final USA campaign weekend
He went on to say that Donnelly voted to give free health care to illegals and joined all other Democrats to sponsor Sen. Montanans went for Trump by a 20-point margin in 2016. "We're going to keep these people out of our country".
The European Union has gone so far as to protect businesses that operate in Iran.
He set out 12 demands that Iran must meet in order to have the sanctions lifted.
That could make it extremely hard for Iran to do business with other countries.
Pradhan said that the waiver will benefit the country. These countries were reported to include U.S. allies Japan, India, South Korea, Italy and Turkey.
Foreign ministry spokesman Bahram Qasemi told state TV that Iran had "the knowledge and the capability to manage the country's economic affairs".
"America's goal has been to re-establish the domination it had (before 1979) but it has failed".
They said they deeply regretted the re-imposition of U.S. sanctions and were committed to the "preservation and maintenance of effective financial channels with Iran, and the continuation of Iran's export of oil and gas".
Eight countries, though, are receiving waivers that will allow them to keep buying oil from Iran without coming under US sanctions: Pompeo did not identify the countries, but Bloomberg reported that four are Japan, India, China and South Korea.