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US Treasury Secretary Scott Bessent: Sanctions on Iran will continue until its "coffers are depleted"; the Treasury Department has announced a new round of sanctions.
US Treasury Secretary Scott Bessent stated that the Treasury Department will continue to impose sanctions on Iran until "the Iranian regime's coffers are depleted." He posted on social media that the Treasury Department will "work relentlessly to sever all remaining financial lifelines sustaining its war machine," emphasizing that "the noose is tightening around Iran's economy, and its so-called allies cannot save it." Previously, the US Treasury Department had announced new Iran-related sanctions against 16 individuals and 10 entities.
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