Browsing: sanctions

• Iran sanctions:China says new US economic sanctions on Iran “will only further intensify tensions,” after US Treasury Secretary Scott Bessent threatened measures against Tehran’s trading partners. Iran claimed it was “fully prepared” to counter the sanctions.

Bessent announces new Iranian sanctions in Operation Economic Outcast 02:50 Get more newson Aug. 24, 2026, 1:25 PM EDT / Updated Aug. 24, 2026, 5:43 PM EDT

• Threat from Washington:The US is threatening damaging new sanctions on countries that refuse to cut economic ties with Iran — but has stopped short of actuallyimposing big new penalties. Treasury Secretary Scott Bessent also warned that groups helping Tehran launder money face expulsion from the US financial system.