US Treasury Secretary Scott Bessent said that Washington 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 during an interview on Newsmax's Rob Schmitt Tonight programme.
"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," he added.
