The Trump administration is trying to pull all economic levers at its disposal to cripple Tehran.

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.

Bessent told CNBC that the sanctions will be the "toughest" in history.

Treasury Secretary Scott Bessent unveiled new economic penalties and sanctions against Iran in hopes of crippling its war machine.