Bessent threatens new Iran secondary sanctions
NBCNEWS.COM
'economic onslaught'
SUMMARY

Treasury Secretary Scott Bessent announced a wave of new sanctions Monday aimed at isolating Iran, promising an "economic onslaught" to "sever every economic pipeline" until Tehran stands alone.

Treasury is sanctioning nearly 60 corporations, individuals and vessels across multiple jurisdictions, targeting shipping, oil, crypto, gold and aviation. The list includes several Chinese nationals. Bessent said Trump is calling world leaders with specific requests to halt trade with Iran, and that any entity laundering money for Tehran will be cut from the dollar system.

He offered no immediate concrete actions against other countries, and markets barely moved.

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