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U.S. to announce new Iran sanctions, Treasury chief calls them historic

Treasury Secretary Scott Bessent said the measures are expected to be the toughest in U.S. history, as Tehran dismissed the threat of economic warfare.

Reported · Written up by our desk · Trade & Tariffs

U.S. Treasury Secretary Scott Bessent said he will announce new sanctions against Iran, characterizing the action as the toughest in U.S. history, according to CNBC Markets.

CNBC World also reported that the sanctions announcement follows Tehran's dismissal of threats of economic warfare.

The statements point to renewed pressure on Iran through sanctions policy, with implications for international trade and market expectations tied to the risk of further measures.

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