Bessent to Unveil 'Toughest Sanctions in History' on Iran Monday
The plan targets Iran’s oil sales, banking links and transport networks as Washington seeks to cut off Tehran’s remaining revenue sources.
- Treasury Secretary Scott Bessent is scheduled to hold a press conference at 2 p.m. EDT today to detail an 'economic D-Day' campaign, threatening unprecedented sanctions to isolate Iran and its economic partners.
- Since the United States and Israel launched a war on February 28, 2026, Iran has effectively blocked the Strait of Hormuz, halting shipping and pressuring its own economy.
- Targeting entities that provide cash transfers and oil purchase avenues, the administration warned that nations helping Iran will face "tremendous economic consequences" if they continue providing lifelines.
- Last week, the United Arab Emirates severed economic ties with Iran, while Iranian officials dismissed the threats as "economic terrorism" and vowed to retaliate against neighbors joining the campaign.
- China, purchasing more than 80% of Iran's shipped oil, has criticized the initiative, arguing that sanctions will not resolve regional tensions while analysts question if pressure forces capitulation.
557 Articles
557 Articles
Trump administration prepares sweeping new sanctions against Iran
(NBC)- The Trump administration is preparing to unveil new details of what President Donald Trump has called economic warfare against Iran, marking a new phase in the nearly six-month conflict. Treasury Secretary Scott Bessent said Monday marks an “economic D-Day” and described the effort as the largest financial offensive against an adversary. Bessent is expected to announce sweeping new sanctions against Iran along with increased pressure on c…
LancasterOnline
Independent EspañolIran warned that the sanctions that the United States has planned will not bring peace to the region.
Svenska Dagbladet
HDThe United States is introducing new economic sanctions against Iran on Monday, which are being compared to an invasion. Iran is facing collapse, claims US President Donald Trump.
They have announced them in recent days and we expect them for today: they should be the largest ever seen so far
China insists on the diplomatic route while Washington prepares the toughest sanctions in its history. The main issue is Iranian oil, bought largely by Chinese refineries, and the risk of a new crisis in Trump-xi Jinping relations
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