US announces new sanctions on Iran, threatens to punish countries, entities trading with it
Mr Bessent said the US was launching an “economic onslaught” against Iran’s financial connections to sever its economic pipeline “until Tehran stands alone.
The US has announced a new round of economic sanctions on Iran that are aimed at isolating the country, a move experts say indicates Washington’s failure to subjugate Iran militarily after about seven months of war.” The announcement comes a week after Mr Trump declared that he was preparing to impose the “most crushing economic operation” against Iran.
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