{"id":53380,"date":"2026-08-21T08:36:33","date_gmt":"2026-08-21T02:51:33","guid":{"rendered":"https:\/\/nepalsamaj.com\/en\/?p=53380"},"modified":"2026-08-21T08:36:33","modified_gmt":"2026-08-21T02:51:33","slug":"us-says-it-will-impose-toughest-sanctions-in-history-on-iran","status":"publish","type":"post","link":"https:\/\/nepalsamaj.com\/en\/us-says-it-will-impose-toughest-sanctions-in-history-on-iran\/","title":{"rendered":"US says it will impose &#8216;toughest sanctions in history&#8217; on Iran"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><p><strong>Reuters<\/strong> :\u00a0 U.S. Treasury chief Scott Bessent said the United States will impose &#8220;the toughest sanctions in history&#8221; on Iran, a move he suggested would lessen the need for new major military operations.<\/p>\n<p>Bessent&#8217;s \u200bcomments on Thursday followed President Donald Trump&#8217;s threat a day earlier of &#8220;Economic Warfare&#8221; and warning of economic consequences against any country that provided &#8220;any type \u200cof lifeline to Iran.&#8221; Bessent promised details next week.<\/p>\n<p>Oil prices rose to more than a three-week high on Thursday following those U.S. threats of financial penalties aimed at forcing an end to a nearly six-month-old war that has stranded millions of barrels of Middle Eastern oil.<\/p>\n<p>&#8220;I&#8217;m not sure why oil has popped up on this,&#8221; Bessent told CNBC. &#8220;If we are doing the maximum economic pressure, then that \u200bmeans that likely there will not be a large-scale kinetic restart,&#8221; he said, using a term referring to military force.<\/p>\n<p>Thousands have been killed in the conflict, \u200bwhich drew in Gulf nations and shocked markets as Iran flexed its ability to curb shipping through the Strait of Hormuz \u2014 a \u2060waterway that carried about a fifth of all traded oil before February.The U.S. and Iran have twice announced ceasefire deals, in April and June, aiming to restore the \u200bfree flow of shipping through Hormuz on a path towards ending the conflict, but both quickly crumbled.<\/p>\n<p>Iran has weathered near-continuous, punishing economic sanctions for nearly 50 \u200byears, since the Islamic Revolution of 1979.<\/p>\n<p>Before Bessent spoke, Iran&#8217;s foreign ministry said it condemned U.S. economic and trade sanctions, calling them &#8220;economic terrorism&#8221; that would not &#8220;create even the slightest hesitation in Iranians\u2019 determination to safeguard Iran\u2019s independence, dignity and national sovereignty.&#8221;<\/p>\n<p>Bessent told CNBC he would share more details on the latest package and &#8220;talk about exactly what we&#8217;re going to do&#8221; on Iran at a press conference on \u200bMonday.<\/p>\n<p>&#8220;It is a one-two punch. We have the blockade (on Iran), and we are going to have the toughest sanctions in history,&#8221; he added, referring to a U.S. naval \u200bblockade imposed on Iran in April and paused for a month in mid-June.<\/p>\n<p>&#8220;It is going to work in Iran and we are going to collapse this regime. It is time for our \u200callies and the \u2060rest of the world to make a decision,&#8221; he said.<\/p>\n<p>China buys more than 80% of Iran&#8217;s shipped oil, according to 2025 data from analytics firm Kpler, but engaging in further economic warfare with China, a major exporter to the U.S. including vital rare-earth minerals, risks retaliation against Washington.<\/p>\n<p>When asked if the United States could target China for doing business with Iran, Bessent said many conversations were best to have in private.<\/p>\n<p>&#8220;Keep in mind that the Chinese get 50% (of their) energy&#8230; from the Gulf. So it would do them a \u200bbig service to get with the program,&#8221; \u200bhe said.<\/p>\n<p>China&#8217;s embassy in Washington said &#8220;sanctions \u2060and pressure do not help resolve the problem.&#8221;<br \/>\n&#8220;China calls on the relevant parties to take responsible actions and resolve the issue through political and diplomatic means,&#8221; according to an embassy spokesperson.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters :\u00a0 U.S. Treasury chief Scott Bessent said the United States will impose &#8220;the toughest sanctions in history&#8221; on Iran, a move he suggested would lessen the need for new major military operations. Bessent&#8217;s \u200bcomments on Thursday followed President Donald Trump&#8217;s threat a day earlier of &#8220;Economic Warfare&#8221; and warning of economic consequences against any [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":53381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-53380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/53380"}],"collection":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/comments?post=53380"}],"version-history":[{"count":2,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/53380\/revisions"}],"predecessor-version":[{"id":53383,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/53380\/revisions\/53383"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media\/53381"}],"wp:attachment":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media?parent=53380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/categories?post=53380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/tags?post=53380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}