US Treasury vows toughest sanctions to pressure Iran
By The BriefBrief
US Secretary of the Treasury Scott Bessent said the US will impose “the toughest sanctions in history” on Iran. He said the US will ramp up economic pressure on the Islamic Republic as the economic toll of the war builds and energy prices spike.
WHO:Scott Bessent, US Secretary of the Treasury
WHAT:Bessent vowed to impose new, toughest-in-history sanctions and ramp up economic pressure on Iran.
WHEN:Aug 20, 2026
WHERE:USA
WHY:The remarks were made in response to the war’s economic toll and rising energy prices, with the US seeking to increase pressure on Iran.
