Bessent unveils campaign to cut Iran off from global economy
By The BriefBrief
Treasury Secretary Scott Bessent announced an “unprecedented” US campaign aimed at severing Iran’s access to the world economy. He said any state doing business with Iran risks facing US sanctions.
WHO:Scott Bessent
WHAT:Announced an “unprecedented” US campaign to sever Iran’s access to the world economy and warned that doing business with Iran could trigger US sanctions.
WHEN:Reported Aug 24, 2026 at 1:05 PM ET
WHERE:USA
WHY:Bessent warned that any state doing business with Iran risks facing US sanctions as part of the announced campaign to sever Iran’s access to the world economy.
How this story developed (showing 6 of 6 earlier reports)
