CriticalEconomythehill·Treasury Secretary Scott Bessent
Bessent teases severe economic action against Iran

Treasury Secretary Scott Bessent stated the Trump administration will unveil new measures against Iran next week. These actions aim to increase economic pressure on the regime to resume negotiations for a deal ending hostilities and reopening the Strait of Hormuz.
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Friday, August 14, 2026 at 10:07 AM EDT
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