{
  "id": 3077458,
  "title": "Bessent Says ‘Wave of Sanctions’ to Come on Iran",
  "url": "https://urgent.news/2026/08/24/bessent-says-wave-of-sanctions-to-come-on-iran",
  "topic": "world",
  "section": "World",
  "published": "2026-08-24T18:06:17.000Z",
  "source": {
    "name": "Bloomberg",
    "slug": "bloomberg",
    "url": "https://www.bloomberg.com/news/videos/2026-08-24/bessent-says-wave-of-sanctions-to-come-on-iran-video"
  },
  "original_language": "en",
  "account": null,
  "summary": "US Treasury Secretary Scott Bessent has announced a new sanctions campaign against Iran, aiming to sever the country's economic ties with the rest of the world. According to Bloomberg, Bessent warned that a major announcement of a financial institution being sanctioned is expected by the end of the week.\n\nThe sanctions, as reported by Middle East Eye, will target various sectors including tech, gold, aviation, and shipping, and will cover nearly 60 entities, individuals, and vessels. Bessent stated that any entity facilitating money laundering on behalf of Iran will be removed from the US dollar system. The goal, he said, is to sever every economic lifeline that sustains the Iranian regime.\n\nThe move is part of the Trump administration's effort to pressure Iran, as reported by Axios, with the aim of bringing the country to heel. According to The Hill, President Trump had previously warned that Iran would face an \"economic D-day\" if it does not agree to negotiate a deal. CBS News reported that Bessent described the new sanctions as an \"economic onslaught\" against Iran.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "PBS NewsHour",
        "title": "WATCH LIVE: Bessent expected to announce new round of Iran sanctions",
        "url": "https://urgent.news/2026/08/24/watch-live-bessent-expected-to-announce-new-round-of-iran-sanctions",
        "published": "2026-08-24T16:30:21.000Z"
      },
      {
        "outlet": "Al-Monitor",
        "title": "Oil prices fall as Bessent outlines new steps to punish Iran",
        "url": "https://urgent.news/2026/08/24/oil-prices-fall-as-bessent-outlines-new-steps-to-punish-iran-3130598",
        "published": "2026-08-24T16:30:24.000Z"
      },
      {
        "outlet": "Yonhap News",
        "title": "(URGENT) Bessent highlights digital assets, technology, gold, aviation, shipping for anti-Iran secondary sanctions",
        "url": "https://urgent.news/2026/08/24/urgent-bessent-highlights-digital-assets-technology-gold-aviation",
        "published": "2026-08-24T17:18:12.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "Oil prices fall as Bessent outlines new steps to punish Iran",
        "url": "https://urgent.news/2026/08/24/oil-prices-fall-as-bessent-outlines-new-steps-to-punish-iran",
        "published": "2026-08-24T21:00:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}