{
  "id": 4650202,
  "title": "US Plans To Escalate Sanctions Against Iran Weekly — Bessent",
  "url": "https://urgent.news/2026/08/31/us-plans-to-escalate-sanctions-against-iran-weekly-bessent",
  "topic": "world",
  "section": "World",
  "published": "2026-08-31T11:41:00.000Z",
  "source": {
    "name": "UATV English",
    "slug": "uatv-english",
    "url": "https://uatv.ua/en/us-plans-to-escalate-sanctions-against-iran-weekly-bessent/"
  },
  "original_language": "en",
  "account": "The US Treasury Department is set to unveil fresh secondary sanctions against Iran on a bi-weekly basis, according to US Treasury Secretary Scott Bessent, as reported by Reuters. Following the imposition of sanctions on Friday, August 28, on an Egyptian bank in the UAE due to alleged financial links to Iran, Bessent stated in an interview with Reuters that a forthcoming step might involve completely severing the institution's connection to the US dollar-based financial system. Bessent emphasized that the Treasury will, \"be issuing a lot more of these [sanctions actions] on a weekly basis,\" targeting banks and warning them that dealing with Iranian funds and supporting the regime is not permissible. He also announced his intention to communicate this stance to G20 finance ministers and central bank governors regarding the necessity of severing economic ties with Iran or facing secondary sanctions. Bessent further stated that he disagrees with critics who claim that sanctions against Iran will not be effective without imposing secondary sanctions on Chinese companies. He noted that the US is focusing on increasing economic pressure rather than launching a military strike against Iran, as previously reported. US President Donald Trump believes that American sanctions will compel the Iranian regime to negotiate on limiting its nuclear program and reopening the Strait of Hormuz. Iran's government has acknowledged that the sanctions imposed by the US since the onset of its conflict with Iran are affecting the country's economy.",
  "summary": "The US Treasury Department is likely to publish new secondary sanctions aimed at increasing economic pressure on Iran on a weekly basis. This was stated in an interview with Reuters by the head of the US Treasury, Scott Bessent, UATV English reports. After sanctions were imposed on Friday, August 28, on a branch of Egypt's Banque Misr in the United Arab Emirates over alleged financial ties to…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}