https://www.live-feeds.com/feed/us-plans-to-sanction-another-bank-to-keep-economic-pressure-on-iranContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-plans-to-sanction-another-bank-to-keep-economic-pressure-on-iranhttps://www.live-feeds.com/feed/us-plans-to-sanction-another-bank-to-keep-economic-pressure-on-iran#u55100Thu, 03 Sep 2026 03:55:23 +0000The US plans to sanction another bank this week to maintain economic pressure on Iran, according to Treasury Secretary Scott Bessent. This financial campaign coincides with a shift in military posture; the US and Iran traded strikes over three days ending September 2, breaking a month of relative calm. President Donald Trump stated on Tuesday that he likes the current US position better following these exchanges. The Treasury intends to implement secondary sanctions weekly to restrict Iranian transactions, following previous actions against UAE branches of Egypt's Banque Misr.Why it matte https://www.live-feeds.com/feed/us-plans-to-sanction-another-bank-to-keep-economic-pressure-on-iranhttps://www.live-feeds.com/feed/us-plans-to-sanction-another-bank-to-keep-economic-pressure-on-iran#u54795Wed, 02 Sep 2026 11:26:47 +0000The US Treasury Secretary Scott Bessent announced plans to sanction another bank this week to increase economic pressure on Iran. This move follows the targeting of UAE branches of Banque Misr, Egypt's second-largest bank. Bessent expects to implement new secondary sanctions on a weekly basis to clamp down on Iranian transactions.Why it mattersThese measures coincide with G20 finance talks where Bessent is seeking to rally global allies despite existing trade tensions and tariffs. The US-Iran conflict is escalating, fueling inflation concerns and impacting global markets. The sanctions ar https://www.live-feeds.com/feed/us-plans-to-sanction-another-bank-to-keep-economic-pressure-on-iranhttps://www.live-feeds.com/feed/us-plans-to-sanction-another-bank-to-keep-economic-pressure-on-iran#u53502Tue, 01 Sep 2026 03:31:44 +0000US Treasury Secretary Scott Bessent announced plans to sanction another bank this week to increase economic pressure on Iran. This move follows the targeting of UAE branches of Banque Misr, Egypt's second-largest bank. Bessent expects to implement new secondary sanctions on a weekly basis to clamp down on Iranian transactions. These measures coincide with G20 finance talks where Bessent is seeking to rally global allies despite existing trade tensions and tariffs.Why it mattersThe US is intensifying efforts to economically isolate Iran amid escalating hostilities. This strategy follows Ir