On Thursday, Scott Bessent, US Treasury chief, announced the imposition
On Thursday, Scott Bessent, US Treasury chief, announced the imposition of "the toughest sanctions in history" on Iran, aiming to reduce economic support for the country and potentially avoid new military operations. Oil prices surged following President Trump's threat of "Economic Warfare" against any nation aiding Iran. Bessent promised more details next week, emphasizing that these measures would target China, which buys over 80% of Iran’s oil. Iran condemned US sanctions as "economic terrorism."
21 AUG 2026
· THIS STORY — NDTV
On Thursday, Scott Bessent, US Treasury chief, announced the imposition
— NDTV
President Trump launched a new economic campaign to pressure Iran into ending its nuclear program and reopening the Strait of Hormuz.
To respect publishing rights, SatyaDheesh does not host full copyrighted news copy. You can read the complete article on the publisher's platform: