US to impose toughest economic isolation measures yet on Iran

US Treasury Secretary Scott Besant announced that the United States will impose its most stringent economic isolation measures yet on Iran. The details of these unprecedented actions will be revealed during an upcoming press conference. Besant emphasized that the maximum economic pressure policy on Tehran will likely hinder the resumption of economic activity.

He clarified that oil markets are misjudging the nature of the economic pressures the US is set to apply to Iran. The remarks come amid ongoing pressure on Iran due to the Strait of Hormuz crisis. Besant expressed confidence that all parties, including China, desire the Strait to reopen. He declined to confirm whether the US measures would include China, stating that certain discussions are confidential.

Besant previously revealed that Washington is preparing unprecedented economic actions against Iran, alongside the ongoing maritime blockade of Iranian ports. He also pointed to market experts' forecasts that inflation rates are anticipated to decline in the future.