U.S. Treasury chief vows to cut every ‘economic lifeline’ of Iran
Treasury Secretary Scott Bessent announces a new set of sanctions against Iran, describing them as “an economic D-Day”, in the Cash Room at the Treasury Department on August 24, 2026, in Washington, DC. Photo: Getty Images via AFP. US Treasury Secretary Scott Bessent on Monday (August 24, 2026) laid out plans for the “economic asphyxiation”…