Bessent says US to apply measures never seen on Iran
Tweet
Share
E-mail
FILE PHOTO: U.S. Treasury Secretary Scott Bessent attends a media interview at the White House in Washington, D.C., U.S., July 30, 2026. REUTERS/Kylie Cooper/File Photo
Aug 13 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Thursday that the United States is going to apply measures that have "never been seen" on Iran.
"Watch this space for more announcements coming next week because we are going to apply measures like have never been seen in the history of economic isolation on a country," Bessent said in an interview on on Newsmax's "Rob Schmitt Tonight" program.
"It will be a combination of economic isolation like the world has never seen before, and the continued blockade in the Strait of Hormuz that will keep anything from going in or out of the Iranian ports," Bessent said.
(Reporting by Christian Martinez; Editing by Noeleen Walder)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- White House says transshipped goods cost $19 billion to $26 billion in lost tariffs
- North Korea denounces US-South Korea drills, KCNA says
- US securities regulator cancels meeting to vote on crypto rules
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
