US Treasury Secretary Scott Bessent to impose weekly sanctions on Iran banks
- US Treasury Secretary Scott Bessent said the US plans to sanction another bank this week as it tightens pressure on Iran.
- Bessent said Washington wants other countries to help isolate Iran financially, calling the approach “financial violence” if needed.
- He said the US could also target Chinese entities over Beijing’s continued purchases of Iranian oil, saying “all options are on the table.”
- The new sanctions push comes as US-Iran fighting has resumed around the Strait of Hormuz, raising concerns over oil supplies and global prices.
Source: apnews.com
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