1. US unveils economic asphyxiation plan for Iran with expanded secondary sanctions

US unveils economic asphyxiation plan for Iran with expanded secondary sanctions

World

  • US Treasury Secretary Scott Bessent on Monday announced a sanctions campaign to isolate Iran's economy globally.
  • Bessent warned countries failing to join the sanctions would face consequences and share Iran's isolation.
  • The sanctions target Iran's digital assets, technology, gold, aviation and shipping sectors.
  • New sanctions hit 60 entities worldwide, including in the UAE, Hong Kong, China, Singapore and Europe.

Source: ndtv.com

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