U.S. Plans Tougher Iran Sanctions, Bessent Says

Scott Bessent, United States Secretary of the Treasury, said Washington intends to impose what he described as the "toughest sanctions in history" against Iran and launch an unprecedented coordinated financial isolation campaign aimed at cutting economic lifelines available to the Iranian government. Speaking to CNBC, Bessent said President Donald Trump's administration was calling on U.S. allies and other countries to stop trading with Iran. He warned that Washington would use its economic leve

Scott Bessent, United States Secretary of the Treasury, said Washington intends to impose what he described as the "toughest sanctions in history" against Iran and launch an unprecedented coordinated financial isolation campaign aimed at cutting economic lifelines available to the Iranian government. Speaking to CNBC, Bessent said President Donald Trump's administration was calling on U.S. allies and other countries to stop trading with Iran. He warned that Washington would use its economic leve