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WorldUS announces economic warfare against Iran, oil prices surge

US Treasury Secretary Scott Bessent said Washington will impose “the toughest sanctions in history” on Iran, with the economic pressure likely to prevent a kinetic restart on the battlefield. Iranian Foreign Minister Abbas Araghchi called the strategy a doubling down on failed policies. Brent crude climbed sharply, closing at $93.78 a barrel.

United StatesIraneconomic sanctionsoil prices

CCGTN★★★★☆2026-08-21 02:37Original

US announces economic warfare against Iran, oil prices surge
US announces economic warfare against Iran, oil prices surgeWorld