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Last updated: 2026-08-25 02:53:24 ET
Treasury Secretary Scott Bessent on Monday announced the U.S. is launching an "economic onslaught" against Iran and its partners, but did not give det...
The White House vows to sanction any country that continues to do business with Tehran.
New sanctions, which Bessent dubbed an “economic D-Day,” are intended to intensify pressure on Iran
The Trump administration unveiled a plan to isolate Iran's economy by threatening to impose secondary sanctions on the Islamic Republic's "enablers."
The Trump administration is trying to pull all economic levers at its disposal to cripple Tehran.
Claiming the U.S. is entering an “endgame” in its war with Iran, the treasury secretary is set to release details of what he called the “single greatest financial offensive” against an adversary.
One key is how any new U.S. sanctions might affect China, the No. 1 buyer of Iranian crude oil.
LIVE: Scott Bessent holds press conference on Iran sanctions
Treasury Secretary Scott Bessent is set to announce a new set of sanctions against Iran. Meanwhile, Canada's Mark Carney reacted to the Trump administ...
The Trump administration calls this "economic D-Day" on Iran. Iran vows to respond to fresh sanctions in a "seismic manner."
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