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US Slaps 'Toughest Sanctions Ever' on Iran Amid Oil Price Surge

Guavy AI Editorial Team
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US Treasury Secretary Scott Bessent announced on Thursday that the country will impose 'the toughest sanctions in history' on Iran. The move comes after US President Donald Trump's statement that he is launching a 'crushing economic operation ever taken against any country', which includes 'economic warfare and isolation on an unprecedented scale'.

The economic pressure is expected to prevent a kinetic restart on the battlefield, according to Bessent.

Iranian Foreign Minister Abbas Araghchi responded to the announcement by calling it a 'diversion from America's own crisis: unprecedented debt & surging interest costs.'

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