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Bessent to Unveil 'Toughest Sanctions in History' on Iran Monday
The plan targets Iran’s oil sales, banking links and transport networks as Washington seeks to cut off Tehran’s remaining revenue sources.
- Treasury Secretary Scott Bessent is scheduled to hold a press conference at 2 p.m. EDT today to detail an 'economic D-Day' campaign, threatening unprecedented sanctions to isolate Iran and its economic partners.
- Since the United States and Israel launched a war on February 28, 2026, Iran has effectively blocked the Strait of Hormuz, halting shipping and pressuring its own economy.
- Targeting entities that provide cash transfers and oil purchase avenues, the administration warned that nations helping Iran will face "tremendous economic consequences" if they continue providing lifelines.
- Last week, the United Arab Emirates severed economic ties with Iran, while Iranian officials dismissed the threats as "economic terrorism" and vowed to retaliate against neighbors joining the campaign.
- China, purchasing more than 80% of Iran's shipped oil, has criticized the initiative, arguing that sanctions will not resolve regional tensions while analysts question if pressure forces capitulation.
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553 Articles
553 Articles
LancasterOnlineReposted by 
Independent Español
Independent EspañolIran warned that the sanctions that the United States has planned will not bring peace to the region.
·Lancaster, United States
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Svenska DagbladetReposted by 
HD
HDThe United States is introducing new economic sanctions against Iran on Monday, which are being compared to an invasion. Iran is facing collapse, claims US President Donald Trump.
·Stockholm, Sweden
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They have announced them in recent days and we expect them for today: they should be the largest ever seen so far
·Italy
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China insists on the diplomatic route while Washington prepares the toughest sanctions in its history. The main issue is Iranian oil, bought largely by Chinese refineries, and the risk of a new crisis in Trump-xi Jinping relations
·Italy
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Coverage Details
Total News Sources553
Leaning Left94Leaning Right98Center135Last UpdatedBias Distribution41% Center
Bias Distribution
- 41% of the sources are Center
41% Center
L 29%
C 41%
R 30%
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