economic sanctions

  • 2 mins

Bessent to unveil ‘toughest sanctions in history’ on Iran Monday

US Treasury Secretary Scott Bessent is scheduled to hold a press conference at 2 p.m. EDT on Monday to detail what he has called "the toughest sanctions in history" against Iran, marking a deliberate pivot from military strikes to full…

  • 3 mins

Iran vows Hormuz will stay closed as deal deadline expires

The 60-day window for the United States and Iran to reach a final agreement under the Islamabad Memorandum of Understanding expired on Monday with no deal in sight, as President Donald Trump hardened his rhetoric and Treasury Secretary Scott Bessent…

  • 2 mins

Bessent vows unprecedented economic isolation of Iran

U.S. Treasury Secretary Scott Bessent declared on Thursday that Washington will impose economic measures against Iran of a severity "never seen in the history of economic isolation on a country," warning of further announcements next week as the administration escalates…