Scott Bessent: US to impose new secondary sanctions on Iran weekly

US Treasury Secretary Scott Bessent announced on the sidelines of a G20 finance ministers meeting that the US administration intends to intensify economic pressure on Iran. According to Bessent, these measures include new secondary sanctions that will be issued on a weekly basis. Bessent emphasized that the initial focus of these sanctions is on the banking sector, with warnings issued to banks that maintaining ties with Iran is unacceptable. These remarks come as the US government seeks to further restrict Iran's access to international financial systems.