OUR TOP STORY THIS HALF AN HOUR
CONFRONTING IRAN.
THE TRUMP ADMINISTRATION
RESTORING SANCTIONS LIFTED UNDER
THE 2015 NUCLEAR AGREEMENT, THE
MOVE HITTING IRAN'S OIL BANKING
AND SHIPPING INDUSTRY, IT HAS
SPARKED PROTEST ON STREETS OF
TYRANN WITH IRANIAN PRESIDENT
HASSAN VOWING TO RESIST MEASURE.
JOINING ME NOW IS JOHN BOLTON
GREAT TO SEE YOU HERE.
TELL ME REALLY THAT TEETH ON
THESE SANCTIONS, WHAT IS IT
BEGINNING TO DO TO IRAN
SPEAKING?
>> I THINK SANCTIONS IN
AGGREGATE ARE ALREADY HAVING AN
ENORMOUS AFFECT ON IRAN.
YOU KNOW WHEN PRESIDENT
ANNOUNCED WE WERE WITHDRAWING IN
MAY OF THIS YEAR BIG BUSINESSES
THAT HAD PROSPECTS OR EVEN TRADE
INVESTMENT WITH IRAN WEREN'T
GOING TO WAIT FOR SANCTIONS TO
TAKE EFFECT AND PULL OUT AND CUT
BACK IN MANY WAYS I THINK WE
HAVE SEEN CONSEQUENCES IN IRAN
THAT CURRENCY DECLINE BY 70%
SINCE THE SANCTIONS INFLATION
HAS QUADRUPLE COUNTRY IS IN
RECESSION SEEING RISE IN
DEMONSTRATIONS ARRANGED THE
COUNTRY.
JUST PROVOKED BY ORDINARY
CITIZEN SO I THINK THIS WILL CUT
INTO IRAN ABILITY TO CONTINUE
THEIR NUCLEAR PROGRAM TO FINANCE
TERRORISM, AND TO ENGAGE IN
MILITARY ACTIVITY AROUND THE
MIDDLE EAST I THINK WE'RE
ALREADY SEEING THAT.
>> NOW LOOK, OBVIOUSLY, TAKING
SOME OIL OFF THE MARKET BUT
CRITICISM AS EDITORIAL BOARD AND
JOURNAL WROTE, OVER THE WEEKEND
ONE COMPLAINGT IS THAT THE
ADMINISTRATION HAS EXCEPTED
EIGHT COUNTRIES FROM SANCTIONS
ON OIL EXPORTS FROM IRAN.
ARE THEY JAPAN, SOUTH KOREA,
CHINA AND INDIA?
>> I THINK THOSE ARE ANNOUNCED
TODAY LOOK THE PRESIDENT POLICY
HERE IS MAXIMUM PRESSURE AND
WHAING HE MEANS BY MAXIMUM
PRESSURE IS MAXIMUM PRESSURE,
AIM IS TO DRIVE IRANIAN OIL
EXFORTS TO ZERO WE'RE WORKING
WITH OTHER COUNTRIES TO GET
ALTERNATIVE SUPPLIES FOR
COUNTRIES THAT ARE OR BUY.
AND I THINK THAT'S CRITICAL OVER
EXTENDED PERIOD OF TIME BUT
LET'S BE CLEAR WE'RE GOING TO
HAVE SANCTIONS THAT EVEN GO
BEYOND THIS.
WE'RE NOT SIMPLY GOING TO BE
CONTENT WITH LEVEL OF SANCTIONS
THAT EXISTED UNDER OBAMA IN
2015.
MORE COMING AND EVEN MORE
IMPORTANT PERHAPS WE'RE ACTUALLY
GOING TO HAVE VERY STRICT VERY
TIGHT ENFORCEMENT OF THE
SANCTIONS THAT DO EXIST AND IRAN
RIGHT NOW IS IN THE ESCAPE
INNOVATION MODE TO GET AROUND
SACHSS WE'RE DETERMINED TO
PREVENT THAT.
>> I KNOW YOU'RE GOING ANNOUNCE
LATER TODAY THAT COUNTRY
SPECIFICALLY AND EXCEPTIONS BUT
WHY PUT SOME IN CATEGORY OF
HAVING WAIVERS.
AND OTHERS NOT?
ENINGS YEAH LOOK I THINK WE'VE
SAID FOR A LONG TIME ZERO SHOULD
MEAN ZERO BUT SOME COUNTRY FOR
LAST THREE OR FOUR YEARS ABLE TO
PURCHASE OIL FROM IRAN, NEEDS
SOME TIME TO GET DOWN TO ZERO.
THESE ARE NOT PERMANENT WAIVERS
NO WAY.
WE'RE GOING TO DO EVERYTHING WE
CAN TO SQUEEZE IRAN HARD AS
BRITISH SAY, TO MAKE TO SQUEEZE
THEM UNTIL THE PITS SQUEEZE AND
DO EVERYTHING WE CAN.
THEIR CHOICE AND IN TEHRAN OR
FAKE ECONOMIC DISASTER.
>> THIS WEEKEND I SPOKE WITH
PRINCE OF SAUDI ARABIA, TELL US
THE IMPORTANCE OF THE
RELATIONSHIP WITH THE ONE
STABILITY IN THE REGION WE
THOUGHT WHICH WAS SAUDI ARABIA,
AS WE FACE OFF THIS BEHAVIOR
FROM IRAN.
>> LOOK WE'VE HAD A --
DEEP AND IMPORTANT RELATIONSHIP
WITH SAUDI ARABIA SINCE FRANKLIN
ROOSEVELT IT HAS A CORNERSTONE
OF OUR POLICY IN THE MIDDLE
EAST.
AND WE WANT TO GET TO THE BOTTOM
OF WHAT HAPPENED TO KHASHOGGI WE
WANT THE TRUTH THERE'S NO
QUESTION ABOUT IT.
IT'S UNACCEPTABLE BEHAVIOR, BUT
THE RELATIONSHIP IS FOUNDATIONAL
FOR THE UNITED STATES AND WE'RE
GOING TRY EVERYTHING WE CAN TO
SEE IT THROUGH.
THE OTHER OIL PRODUCING
MONARCHIES IN GULF REGION ARE
GOING TO DEPEND ON THAT ISRAEL
SEES SAUDI ARABIA AS AN
IMPORTANT AND STABILIZING FACTOR
AND IN STRUGGLE FOR WHAT IS
REALLY CAUSING TENSION AND
DANGER IN THE REGION IS --
IRANWET SAUDI ON OUR SIDE.
>> I WANT TO GET BECOME TO THAT
IN A SECOND BUT HERE'S AN OP-ED
PERRY WRITES THIS IN WALL STREET
JOURNAL AND OP ED TITLED THE
WORLD CAN LIVE WITHOUT IRANIAN
OIL.
SO DID AMERICA'S NEW ROLE AS
THIS ENERGY POWER HOUSE FACTOR
INTO THIS DECISION DID U.S. AT
SUCH A LEVEL IN MATERIAL OF ITS
OWN PRODUCTION WE DON'T NEED
MIDDLE EASTERN OIL FROM IRAN
ANYWAY.
>> RICK PERRY AND ENERGY DPGHT
HAVE DONE A FANTASTIC JOB SINCE
PRESIDENT PULLED OUT OF THE IRAN
NUCLEAR DEAL TO TALK TO OTHER
COUNTRIES TO GET THEIR
PRODUCTION UP TO FIND OIL THAT'S
SUITABLE IF FOR REFINERY IN
COUNTRIES THAT HAVE BEEN
PURCHASING FROM IRAN WE'VE
RAMPED UP OUR OWN PRODUCTION IN
AMERICA.
I THINK WE CAN GET IT A POINT
WHERE NOBODY RESPONSIBLE NEEDS
TO BUY OIL FROM IRAN.
>> SO LET ME GET BACK TO SAUDI
ARABIA AND THIS SAUDI JOURNALIST
JAMAL KHASHOGGI THE SONS OF
KHASHOGGI DID AN INTERVIEW
RECENTLY AND THEY'VE ASKED FOR
THEIR FATHERS REMAINS TO BE
RETURNED.
TO THE U.S. --
AS I MENTIONED PRINCE YESTERDAY
WITH ME ON SUNDAY MORNING
FUTURES IN EXCLUSIVE INTERVIEW
HERE'S WHAT HE SAID ABOUT THAT
INVESTIGATION.
>> SOME PEOPLE INTELLIGENCE DID
FOLLOW THAT ORDER AND SENT A
GROUP OF PEOPLE TO TURKEY TO PEN
ENGAGE AND STRONG OVER THERE AND
WHEREBY HE WAS MURDERED.
BECAUSE SOMETIME FOR THEM TO
FINISH AND I ASKED PUBLICLY
THROUGH A PROGRAM --
PUBLIC AS SOON AS POSSIBLE TO
WHEREBY I BELIEVE THAT SAAD DOE
COMPANIES WILL BE 100%
VINDICATED EXONERATED.
>> INVESTOR I REALIZE THE
RELATIONSHIP WITH SAUDIS IS
CRITICAL VERY IMPORTANT IN
THIS --
NEIGHBORHOOD IF YOU WILL.
BUT IS IT NBS TO LEAD?
ONE YEAR AGO WE WERE THERE IN
RIYADH HE TOLD ME IN AN
INTERVIEW AND TO WORLD TO
MODERNIZE SCRAIB TO WEEKS LATER
IMPRISONS ADMINISTERS AND THEN A
MONTH AGO WE LEARN THIS HORRIFIC
MURDER OF JAMAL KHASHOGGI IS HE
THE GUY?
>> LOOK WE HAVE HEARD BOTH FROM
THE KING AND THE CROWNED PRINCE
VERY STRONGLY AND A NUMBER OF
CONVERSATIONS DIRECTLY WITH
PRESIDENT TRUMP.
BUT THEY HAVE NO INVOLVEMENT IN
THIS, AND THAT THEY'RE BOTH
COMMITTED TO GETTING TO BOTTOM
OF IT.
THAT'S WHAT THEY'VE SAID TO US
AND WE TAKE THEM AT THEIR WORD
THAT THEY'RE GOING TO DO IT.
>> WHAT ARE YOU GOING TO DO IN
TERMS OF MONITORING IRAN'S
BEHAVIOR?
AND WHETHER OR NOT IT WARRANTS
FURTHER SANCTIONS?
>> NOW THIS IS KRIT ARE CALL
PHASE WE'RE IN ESCAPE AND
EVASION BY IRAN TO INFILTRATE
BANKING SYSTEMS OF OTHER
COUNTRIES TO USE FRONT COMPANIES
TO EVADE SANCTIONS TO DO ALL
KIEKDZ OF THINGS THIS IS WHAT I
WOULD SAY TO AMERICAN
COMPANIESES, AND ANY FOREIGN
COMPANY THAT WANTS TO DO
BUSINESS IN THE UNITED STATES.
AND I WOULD SAY PARTICULARLY TO
THEIR INVESTORS AND TO THEIR
INDEPENDENT DIRECTORS ON THEIR
BOARDS OF DIRECTORS, IF YOU SEE
YOUR COMPANY ENGAGED IN A
TRANSACTION THAT HAS WORD IRAN
ANYWHERE ASSOCIATED TO IT, THAT
OUGHT TO BE LIKE A FIRE BELL IN
NIGHT NOT ONLY WILL WE HAVE THE
INCREDIBLE IMPORTANCE CIVIL
ENFORCE THE FROM TREASURY
DEPARTMENT OFFICE FOR ASSET
CONTROL, THE JUSTICE DEPARTMENT
CRIMINAL INVESTIGATORS ARE GOING
TO BE ALL OVER THIS.
THEY'VE ALREADY GOT A NUMBER OF
IMPORTANT CASES AGAINST IRAN
SANCTIONS VIOLATORS TING THEY'RE
GOING MAKE THIS A BIG PRIORITY
THERE'S A LOT OF RISK FOR ANY
COMPANY THAT COMES ANYWHERE
CLOSE TO IRAN.
>> SO YOU'RE WILLING TO GO AS
FAR AS SANCTIONING EUROPEAN
COMPANIES.
EUROPEAN INVESTORS --
IF THEY'RE DOING BUSINESS WITH
IRAN.
>> IF THEY VIOLATE OUR SANCTIONS
BUT I TELL YOU EVEN THOUGH WE'VE
HEARD A LOT ABOUT HOW EUROPEAN
GOVERNMENT WISH WE WERE IN IRAN
DEAL EUROPEAN BUSINESSES HAVE
SPOKEN WITH THEIR FEET.
THEY'RE OUT OF IRAN.
THAT'S ONE OF THE REASONS WHY
THE IRANIAN ECONOMY IS TANKING
RIGHT NOW.
AND WE'RE GOING TO RAMP THIS UP.
THIS IS GOING TO BE A BIG
SQUEEZE THAT'S WHAT PRESIDENT
TRUMP MEAN WHEN IS HE SAYS
MAXIMUM PRESSURE.
>> SHOULD WE EXPECT RETALIATION
FROM IRAN?
>> I THINK THEY HAVE TO MAKE
VERY HARD DECISIONS.
YOU KNOW IF THEY CHANGE THEIR
BEHAVIOR, WITH PRESIDENT SAID
HE'S HAPPY TO PEN GAUGE THEM.
ON WHOLE RANGE OF THEIR BEHAVIOR
SUPPORT FOR TERRORISM, BALLISTIC
MISSILES, CONVENTIONAL MILITARY
ACTIVITY AND YEMEN AND IRAQ AND
SYRIA.
WE'RE PREPARED TO DO THAT.