US Intensifies Economic Pressure on Iran; Vance, Bessent Threaten New Measures

Scott Bessent plans new economic measures against Iran, described as never seen before. Bessent threatens economic measures against Iran like the world has never seen before.

Vice President JD Vance stated that keeping gas prices low is the United States' goal No. 1 in the Iran war. Washington threatened an indefinite naval blockade and signaled it would soon intensify economic pressure on Tehran. Vance also said the US's first goal is low oil prices, then to ensure Iran does not acquire a nuclear weapon.

Vance said Washington is using diplomatic, military and economic means to pressure Iran. He told Fox News that "The Iranians sometimes make commitments that they don't honour" and "They make a deal, they don't honour the deal." Vance expressed confidence the US would end up in a stronger position than Iran. Vance's comments appeared to be the latest shift in the public rationale.