Bessent announced US plans to impose new sanctions against Iran every week
Washington intends to impose new secondary sanctions against Tehran every week, hoping to increase economic pressure on it. This was announced on August 30 by US Treasury Secretary Scott Bessent.
"You will see a lot more similar sanctions every week," he told Reuters.
The minister noted that, first of all, measures will be directed against banks in order to prevent them from storing Iranian funds and providing their support to Iran.
Bessent plans to bring this position to the finance ministers and central bank governors of the G20 countries, urging them to end economic cooperation with Iran. Otherwise, according to him, these states may face secondary sanctions.
Politico reported on August 28 that the US Department of Defense does not have a clear plan for winning the conflict against Iran, which is why the Pentagon supported Washington's decision to switch military pressure to economic pressure. Amid the impasse, the White House has switched to economic pressure on Tehran, which is fraught with new risks for global markets.
On August 24, the president said that the economic operation against Iran would be directed at all countries that help the republic. The finance minister added that the United States intends to block every source of funding for Iran and the Islamic Revolutionary Guard Corps.
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