US Move to Sanction a Major Bank Next Monday, Says Bessent
TL;DR Summary
US Treasury Secretary Scott Bessent said the Trump administration will sanction a large, unnamed bank next week to pressure Iran, with the action set for Monday after a Friday postponement for 9/11 ceremonies. The move is part of a broad sanctions push called Operation Economic Outcast targeting Iran’s oil, shipping, finance and other sectors as Washington presses Tehran amid a six-month conflict, with officials signaling that efforts will continue until Tehran is isolated financially—even as Trump suggests the war may run through the US midterm elections.
- Bessent: US to sanction large bank on Monday The Jerusalem Post
- Bessent says 'a large bank' will be sanctioned on Monday as part of Iran strategy CNBC
- US slaps new sanctions on networks aiding Iran's proxies in Middle East Reuters
- The Morning Risk Report: Iranian Airline Favored by the Regime Is Defying Sanctions WSJ
- U.S. places sanctions on dozens of Iranian airlines as conflict escalates The Washington Post
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