US promises 'asphyxiation' of Islamic Republic as it imposes new sanctions

US promises 'asphyxiation' of Islamic Republic as it imposes new sanctions Submitted by Alex MacDonald on Tue, 08/25/2026 - 09:59 'Economic D-Day' promised against Iran alongside threats towards those trading with country US Secretary of the Treasury Scott Bessent takes questions from reporters as he speaks during a press conference in Washington on Monday (Kent Nishimura/AFP) Off The US has promised the "asphyxiation" of the Islamic Republic as it imposed harsh new sanctions on Iran and threatened those who traded with it. US Treasury Secretary Scott Bessent on Monday said they were working towards the "asphyxiation of this regime" amid the standoff in the Strait of Hormuz. "Iran now faces a very clear choice, with only two paths before them: complete global isolation and a subsistence economy, or a path back to normalcy with an opportunity to rejoin the global economy," Bessent told reporters in Washington.