The United States will soon announce unprecedented economic measures against Iran, Treasury Secretary Scott Bessent said Thursday, intensifying the Trump administration’s effort to force Tehran’s capitulation after almost six months of war.
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According to a report from Reuters, U.S. Treasury Secretary Scott Bessent declared on Thursday that Washington is preparing to impose a set of economic measures on Iran unlike any previously directed at the country.
US Treasury Secretary Scott Bessent threatened Thursday to subject Iran to economic isolation "like the world has never seen before", adding that new measures are expected next week. Follow our liveblog for the latest updates.
President Donald Trump is preparing to dramatically escalate his “Economic Fury” campaign against Iran, with new measures coming next week, Treasury Secretary Scott Bessent warned Thursday.
Treasury Secretary Scott Bessent says President Trump plans to drastically dial up financial pressure on Iran as the Middle East conflict reverts to an economic war of wills.
Treasury Secretary Scott Bessent said the Trump administration will unveil new measures against Iran next week as it seeks to increase economic pressure on the regime to come back to the negotiating table on a deal to end hostilities and fully reopen the Strait of Hormuz.
Treasury Secretary Scott Bessent said on Thursday the U.S. would ramp up economic pressure against Iran next week as the Trump administration eyes options for winning the war that has stretched on for nearly six months.
The United States will soon announce unprecedented economic measures against Iran, Treasury Secretary Scott Bessent said Thursday, intensifying the Trump administration’s effort to force Tehran’s capitulation after almost six months of war.
By Andrea Shalal WASHINGTON, Aug 16 (Reuters) - U.S. President Donald Trump on Friday vowed to hit Iran hard economically, a day after Treasury Secretary Scott Bessent said that Washington would impose measures on Tehran that have "never been seen" as soon as next week.
Treasury Secretary Scott Bessent says the U.S. is getting ready to squeeze Iran with unprecedented economic pressure, a claim critics greeted with skepticism given the country is already subject to a naval blockade and thousands of sanctions.
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U.S. readies unprecedented ‘economic isolation’ plan for Iran | Since Then
