The United States is launching a financial campaign to economically isolate Iran, with US Treasury Secretary Scott Bessent saying Washington would apply unprecedented economic measures on Tehran as their differences over the Strait of Hormuz persist.

US Secretary of the Treasury Scott Bessent did not provide details, but said the measures would be combined with Washington's naval blockade of Iran

"It will be a combination of economic isolation like the world has never seen before, and the continued blockade in the Strait of Hormuz," Bessent said.

Remaining levers at President Donald Trump's disposal each carry a set of risks

The United States is launching a financial campaign to economically isolate Iran, with US Treasury Secretary Scott Bessent saying Washington would apply unprecedented economic…