Trump Threatens Crushing Economic Pressure on Iran with Unprecedented Sanctions

US President Donald Trump has pledged to impose severe economic measures on Iran following remarks from Treasury Secretary Scott Bessent that unprecedented sanctions will be announced soon.

The US, along with the UN and EU, has imposed various sanctions and trade embargoes on Iran since the late 1970s due to its nuclear program, human rights issues, and support for militant groups.

Since the start of the war in February, the US has increased maritime, energy, and financial sanctions, including a naval blockade.

The latest sanctions have focused on Iran's hidden oil fleet, shipping insurers, and entities facilitating Iran's weapons acquisition and digital currency exchanges, leading to the freezing of about $500 billion in Iran-linked cryptocurrency.