EconomyBessent urges US partners to back plans to ‘squash’ Iran economy
US Treasury Secretary Scott Bessent urged allies to choose whether they support Washington’s effort to “squash” Iran’s economy, warning that countries doing business with Tehran could face US sanctions. He described the planned measures as the world’s largest coordinated economic isolation campaign, with more details due on 24 August.
People in this report Scott Bessent
B
BBC News★★★★☆2026-08-20 18:40Original
Bessent urges US partners to back plans to ‘squash’ Iran economy
Economy