U.S. Prepares Economic Blow Against Iran | Bermuda News

The U.S. is ramping up economic pressure on Iran with a sweeping new sanctions campaign, calling it an “economic onslaught” aimed at crippling Tehran’s global financial networks and blocking its path to nuclear weapons. Treasury Secretary Scott Bessent confirmed targeting 60 entities across five key sectors — digital assets, gold, tech, aviation, and shipping — while hinting at imminent penalties against major Chinese banks involved in Iranian oil trade. Though no specific countries or timelines are yet public, the move signals a tougher stance as Washington seeks to cut off Iran’s revenue streams — even as it risks complicating high-stakes diplomacy with China. This escalation follows recent strikes on Iranian oil tankers and refineries, part of a decades-long strategy to isolate Iran economically and militarily. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0ee885fb32ddfe3a