Uploaded August 2026 | Updated September 2026, 2 weeks ago
Treasury Secretary Scott Bessent on Monday afternoon unveils new sanctions on Iran, escalating the Trump administration's pressure on the Islamic Republic to negotiate a deal to end the conflict and fully reopen the Strait of Hormuz.
President Trump warned last week that Iran would face an “economic D-day” if it does not agree to a deal. Bessent says the goal is to sever Tehran’s remaining economic lifelines and hit potential allies of the regime as the war nears the six-month mark.
Iranian Foreign Minister Seyed Abbas Araghchi has dismissed the effort, arguing it would bring “further defeat” for the U.S.
#ScottBessent #Trump #Economy
Treasury Secretary Scott Bessent on Monday afternoon unveils new sanctions on Iran, escalating the Trump administration's pressure on the Islamic Republic to negotiate a deal to end the conflict and fully reopen the Strait of Hormuz.
President Trump warned last week that Iran would face an “economic D-day” if it does not agree to a deal. Bessent says the goal is to sever Tehran’s remaining economic lifelines and hit potential allies of the regime as the war nears the six-month mark.
Iranian Foreign Minister Seyed Abbas Araghchi has dismissed the effort, arguing it would bring “further defeat” for the U.S.
#ScottBessent #Trump #Economy
