Trump treasury chief says US to apply measures never seen on Iran
August 13, 2026 23:18
WASHINGTON: US Treasury Secretary Scott Bessent said on Thursday that the United States is going to apply measures that have “never been seen” on Iran.
“Watch this space for more announcements coming next week because we are going to apply measures like have never been seen in the history of economic isolation on a country,” Bessent said in an interview on on Newsmax’s “Rob Schmitt Tonight” program.
“It will be a combination of economic isolation like the world has never seen before, and the continued blockade in the Strait of Hormuz that will keep anything from going in or out of the Iranian ports,” Bessent said.
