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25 August 2026 · 17:06

Details of the new US sanctions campaign against Iran’s economy

Image from Jerusalem Post

US Treasury Secretary Scott Bessent has announced the launch of what he described as an "economic onslaught" against Iran during a press conference in Washington. This new campaign is designed to intensify pressure on the Islamic Republic's economy. According to the Jerusalem Post, the measures combine the imposition of fresh sanctions with direct threats against Tehran's trading partners to force them to curtail their economic cooperation with Iran. During the announcement, Bessent characterized these actions as an "economic D-Day," signaling the US administration's determination to alter Tehran's behavior through financial leverage. The specific details of these sanctions and the targeted sectors form part of Washington's broader strategy to economically isolate Iran.