https://www.live-feeds.com/feed/bessent-expects-new-us-secondary-sanctions-weekly-aiming-to-increase-pressure-on-iranContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/bessent-expects-new-us-secondary-sanctions-weekly-aiming-to-increase-pressure-on-iranhttps://www.live-feeds.com/feed/bessent-expects-new-us-secondary-sanctions-weekly-aiming-to-increase-pressure-on-iran#u53341Tue, 01 Sep 2026 01:07:11 +0000The US plans to impose new secondary sanctions on Iran weekly, focusing on its banking sector, to increase economic pressure. US Treasury Secretary Scott Bessent stated that the goal is to clamp down on Iran transactions and isolate its economy. The move comes as the US seeks to curb Iran's nuclear program and military activities.Why it mattersThe US has been imposing sanctions on Iran to limit its nuclear program and military activities. Recent sanctions targeted Egyptian bank Banque Misr's UAE branches, aiming to cut off Iran's access to the global financial system. The new we