Iran war live: US slaps new sanctions on Iran, warns Tehran trade partners

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US Treasury Secretary Scott Bessent announces new sanctions on Tehran to sever financial support for the regime, urging US allies to support the measures.

Published On 25 Aug 2026

  • US Treasury Secretary Scott Bessent has announced that Washington is imposing new sanctions on Tehran to sever all financial support for the regime, adding that President Donald Trump is urging US allies to support the measures.
  • According to US officials, the new sanctions will target five vital sectors: digital assets, technology, gold, aviation, and shipping, alongside oil revenue and 60 entities, vessels, and individuals accused of enabling the regime.
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