United States Treasury Secretary Scott Bessent teased on Sunday that the country will take the 'single greatest financial offensive' against Iran, ahead of a scheduled news conference on Monday.

By Jana Choukeir and Susan HeaveyDUBAI/WASHINGTON, Aug 21 (Reuters) - Iran said on Friday that its response to any new U.S. threats would be "devastating" after Washington pledged…

Treasury Secretary Scott Bessent on Monday is expected to announce the new measures after the U.S. vowed to impose an “unprecedented” level of economic warfare and isolation.