US Plans Weekly Iran Sanctions, Starting With Banks, Bessent Says

Treasury Secretary Scott Bessent stated the U.S. plans to sanction another bank and impose weekly Iran-related sanctions.

Bessent said the U.S. is preparing to unleash financial violence against Iran by rolling out new secondary sanctions every week. Banks are first in line for these sanctions, with more Iran bank sanctions expected this week. Foreign banks dealing with Iranian funds could ultimately be cut off from the dollar-based financial system. Bessent's statements indicate a strategy of continuous pressure through financial measures. The U.S. plans new Iran sanctions as part of this approach.