Fresh US sanctions aimed at increasing pressure on Iran expected in coming weeks

Middle East Eye·August 31, 2026Sanctions

Fresh US sanctions aimed at increasing pressure on Iran expected in coming weeks The US Treasury Department will likely unveil weekly secondary sanctions aimed at adding economic pressure on Iran, with an initial focus on banks. "You're going to see a lot more of these every week," US Treasury Secretary Scott Bessent told Reuters on Sunday. "We're starting with the banks, and we're telling the banks it's not okay to have Iranian money and to aid the regime.

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