Economy already under enormous pressure from international restrictions, while infrastructure bombed repeatedly

By Kanishka Singh and Jana ChoukeirWASHINGTON/DUBAI, Aug 20 (Reuters) - The U.S. will impose "the toughest sanctions in history" on Iran,Treasury Secretary Scott Bessent said on…

US Treasury Secretary Scott Bessent said the United States will impose “the toughest sanctions in history” on Iran and urged China to cooperate with Washington.

Treasury chief to hold conference next week outlining plan on sanctions campaign

US Treasury Secretary Scott Bessent says Washington will impose its toughest sanctions on Iran, while China urges diplomacy and rejects sanctions pressure.