What Bessent’s economic isolation of Iran could look like

The main challenge is that targeting the remaining options risk blowback on the US economy.

Treasury Secretary Scott Bessent says the US is getting ready to squeeze Iran with unprecedented economic pressure, a claim critics greeted with skepticism given the country is already subject to a naval blockade and thousands of sanctions.

Treasury Secretary Scott Bessent said on Thursday the U.S. would ramp up economic pressure against Iran next week as the Trump administration eyes options for winning the war that has stretched on for nearly six months. Bessent did not offer details, but suggested a new wave of actions against Iran could be coming, mar