Washington will roll out new secondary sanctions targeting Tehran’s partners every week, Treasury chief Scott Bessent has said
The US is preparing to unleash “financial violence” against Iran by rolling out new secondary sanctions every week, with banks first in line, Treasury Secretary Scott Bessent has said. Foreign banks dealing with Iranian funds could ultimately be cut off from the dollar-based financial system.
The renewed economic pressure comes as US and Iranian forces exchanged strikes for the first time since late July.
On Sunday, Washington struck two Iranian rocket launchers on Larak Island near the Strait of Hormuz, claiming the…
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