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Treasury Secretary Scott Bessent

U.S. Treasury Secretary Scott Bessent is set to announce a new package of economic sanctions against Iran, which the Trump administration has called "economic D-Day." Iran has vowed to respond to the measures in a "seismic manner." The announcement comes as military and diplomatic efforts to end the war with Iran have stalled.

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Treasury Secretary Scott Bessent to unveil new economic sanctions on Iran

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Bessent to Unveil New Iran Sanctions

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Earlier report Filed 21 Aug, 16:41 UTC US Threatens Unprecedented Sanctions on Iran US Treasury Secretary Scott Bessent said the United States will impose "the toughest sanctions in history" on Iran, predicting measures that would "squash" Iran's economy and "collapse" its regime. He told allies they must decide whether they "are with us or against us," and suggested the economic pressure could reduce the need for major military operations against Tehran. World · 2 sources