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Monday’s announcement was directed at countries whose trade and business relations still benefit the Islamic Republic.
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Scott Bessent announced a new round of economic sanctions against Iran, dubbing the effort “Operation Economic Outcast.”
U.S. Treasury Secretary warns of expanded sanctions in what he calls an 'economic onslaught' on Iran and its partners.. Follow for live updates
Treasury Secretary Scott Bessent said that new U.S. sanctions aim to block all potential revenue for Iran and told nations to cut economic ties.
Treasury Secretary Scott Bessent announced "Operation Economic Outcast" against Iran, with a goal of severing all of the country's economic lifeline, likening it to U.S. efforts to end World War II.
Service members have been deployed aboard the aircraft carrier in Middle East for one of the longest stretches ever for a modern warship of its kind.
U.S. unveils new Iran sanctions as Treasury Secretary Scott Bessent promises 'an economic onslaught'
