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EconomyBessent threatens to cut noncompliant countries off from dollar access

US Treasury Secretary Scott Bessent said countries that do not comply with new US sanctions on Iran will effectively lose access to the dollar system. He did not say when the sectoral sanctions will take effect, but warned that secondary sanctions could be imposed quickly while Washington is prepared to wait for now.

US sanctionsIrandollar systemScott Bessent

People in this report Scott Bessent

TTASS★★★★☆2026-08-24 18:30Original

Bessent threatens to cut noncompliant countries off from dollar access
Economy