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US Treasury Secretary Bessent says US to apply measures 'never seen before' on Iran

From Jerusalem Post · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • U.S. Treasury Secretary Scott Bessent announced new, unprecedented economic measures against Iran.
  • These measures will include severe economic isolation and a continued blockade of the Strait of Hormuz.
  • The U.S. also aims to prevent Iran from acquiring nuclear weapons, as stated by Vice President JD Vance.

U.S. Treasury Secretary Scott Bessent declared on Thursday that the United States will implement economic measures against Iran on a scale never before witnessed. These actions are intended to exert significant pressure on the Iranian regime.

Watch this space for more announcements coming next week because we are going to apply measures like have never been seen in the history of economic isolation on a country.

— Scott BessentU.S. Treasury Secretary Scott Bessent announced upcoming unprecedented economic measures against Iran.

"Watch this space for more announcements coming next week because we are going to apply measures like have never been seen in the history of economic isolation on a country," Bessent stated in an interview on Newsmax's "Rob Schmitt Tonight" program. He elaborated that the strategy involves a combination of "economic isolation like the world has never seen before, and the continued blockade in the Strait of Hormuz that will keep anything from going in or out of the Iranian ports."

It will be a combination of economic isolation like the world has never seen before, and the continued blockade in the Strait of Hormuz that will keep anything from going in or out of the Iranian ports.

— Scott BessentBessent detailed the nature of the forthcoming economic measures against Iran.

This announcement aligns with the broader objectives of the U.S. administration regarding Iran. Vice President JD Vance emphasized the dual goals of maintaining low oil and gas prices for Americans and preventing Iran from developing nuclear weapons. Vance highlighted the administration's focus on an economic approach to confronting Iran.

goal number one is to keep oil and gas cheap for the American people all across our country. Goal number two is to ensure that Iran never acquires a nuclear weapon, emphasizing the importance of an economic approach to confronting Iran.

— JD VanceU.S. Vice President JD Vance outlined key U.S. objectives regarding energy prices and Iran's nuclear program.

Meanwhile, U.S. Central Command (CENTCOM) Commander Adm. Brad Cooper recently visited Israel to discuss U.S.-Israeli military relations and the ongoing conflict with Iran. However, a CENTCOM spokesperson, Cpt. Tim Hawkins, refuted reports that Cooper had advocated for renewed strikes against Iran during his visit, calling such claims an "outright fabrication."

an outright fabrication. It's not true at all.

— Cpt. Tim HawkinsA CENTCOM spokesperson denied reports that Adm. Brad Cooper had pushed for renewed strikes against Iran.
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Originally published by Jerusalem Post. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.

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