Treasury Secretary Scott Bessent unveils new sanctions, escalating the pressure on Iran to negotiate a deal to end the conflict and fully reopen the Strait of Hormuz. He says countries that violate new U.S. sanctions against Iran will be forced out of the global…
Treasury Secretary Scott Bessent unveils new sanctions, escalating the pressure on Iran to negotiate a deal to end the conflict and fully reopen the Strait of Hormuz. He says countries that violate new U.S. sanctions against Iran will be forced out of the global financial market backed by the U.S. dollar. He announces a brief period for countries trading with Iran to cut off those relationships.
Source: The Hill
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