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Bessent Says U.S. Will Impose Unprecedented Economic Measures on Iran

Courtroom-sketch editorial illustration of U.S. Treasury Secretary Scott Bessent standing behind a press lectern and gesturing forward, with an American flag and blue briefing-room panels behind him.

U.S. Treasury Secretary Scott Bessent said Washington will impose measures against Iran that have never been seen before. In a Newsmax interview, he described a combination of unprecedented economic isolation and the continuing Strait of Hormuz blockade, which he said would prevent anything from entering or leaving Iranian ports. Vice President JD Vance separately said the administration's first goal is keeping oil and gas affordable for Americans and its second is ensuring Iran never obtains a nuclear weapon. The statements describe the economic pressure Washington says it will apply as the conflict continues.

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