WASHINGTON: The US Treasury is expected to broaden the scope of secondary sanctions it can impose on entities and countries that maintain business ties with Iran as the Trump administration seeks on Monday to increase economic pressure on Tehran, a source familiar with the plans told Reuters.

Bessent warns nations that ignore the sanctions and help Tehran will 'share in the isolation,' but holds off on announcing secondary sanctions against China, others

Treasury secretary Scott Bessent announces ‘economic D-Day’ as war with Iran nears six-month mark

The United States is set to launch a significant financial offensive against Iran. This move aims to pressure countries to sever economic ties with Tehran. Measures will broaden…

United States Treasury Secretary Scott Bessent announced a new sanctions campaign targeting Iran. He warned all countries have a defined timeline to cease identified activities. …