Iran vows to overcome US ‘unjust sanctions,’ plans new strategy

The exact mechanics of the new US economic pressure campaign remain unclear, with Treasury Secretary Scott Bessent promising to reveal them in a news conference on 24 August.

U.S. Treasury chief Scott Bessent’s comments on Thursday followed a warning from President Donald Trump of economic consequences against any country that provided “any type of lifeline to Iran.” Bessent promised details on Monday.

Washington shifts from bombs to financial pressure.

Iranian families struggle to afford the basics as U.S. ratchets up economic warfare