U.S. to Reimpose Sanctions Targeting Iranian Economy

Measures are the first economic action President Trump has taken against Iran since announcing withdrawal from 2015 Iran nuclear accord

WASHINGTON—The White House made good Monday on its vow to reimpose sanctions on Iran,  striking a blow against Iran’s weakening economy and putting the world on notice that still-tougher sanctions are to come.

The measures are the first economic action Mr. Trump has taken against Iran since announcing in May that the U.S. was withdrawing from the 2015 Iran nuclear accord.

They...