Bessent Unveils New Round of Iran Sanctions, Warns China on Iran Ties

U.S. Treasury Secretary Scott Bessent announced measures to isolate Iran’s economy, targeting approximately 60 firms, individuals, and vessels involved in Iran’s oil, nuclear, missile, and cyber networks. Bessent also issued a warning to China and other nations against testing U.S. resolve regarding these sanctions. He drew a parallel to the historical campaign of D-Day in World War II to emphasize the administration’s approach.

• U.S. Treasury Secretary Scott Bessent announced new sanctions targeting Iran’s economy.
• The measures aim to isolate Iran by targeting nearly 60 firms, individuals, and vessels.
• Sanctions cover Iran’s oil, nuclear, missile, and cyber networks.
• Bessent warned China and other countries not to test U.S. resolve on the sanctions.
• The campaign was compared to the historical D-Day invasion.