Bessent Warns Iran Trade Partners to Cut Ties or Face Sanctions

"The clock just started ticking," US Treasury Secretary Scott Bessent says while threatening economic punishment against any country doing business with Iran. (Source: Bloomberg)

Treasury Secretary Scott Bessent on Monday issued a global warning for countries to cut any financial ties with Iran or risk being cut off from the U.S. dollar system, launching a new economic pressure campaign against the Islamic Republic as the military front has reached a stalemate six months into the war.  Called “