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Bessent Says ‘Wave of Sanctions’ to Come on Iran

US Treasury Secretary Scott Bessent speaks about US efforts to sever Iran from the global economy and actions taken by the United Arab Emirates to cut economic ties with the Islamic Republic last week. He also says to expect “a major announcement of a financial institution being sanctioned by the en

Bessent Says ‘Wave of Sanctions’ to Come on Iran

US Treasury Secretary Scott Bessent speaks about US efforts to sever Iran from the global economy and actions taken by the United Arab Emirates to cut economic ties with the Islamic Republic last week. He also says to expect “a major announcement of a financial institution being sanctioned by the end of this week.” (Source: Bloomberg)

Geopolitics Bloomberg Aug 24, 2026

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