says will impose
| |

US says it will impose ‘toughest sanctions in history’ on Iran

WASHINGTON, USA – US Treasury chief Scott Bessent said the United States will impose “the toughest sanctions in history” on Iran, a move he suggested would lessen the need for new major military operations.

Bessent’s comments on Thursday, August 20, followed US President Donald Trump’s threat a day earlier of “Economic Warfare” and warning of economic consequences against any country that provided “any type of lifeline to Iran.” Bessent promised details next week.

Oil prices rose to more than a three-week high on Thursday following those US threats of financial penalties aimed at forcing an end to a nearly six-month-old war that has stranded millions of barrels of Middle Eastern oil.


US says it will impose ‘toughest sanctions in history’ on Iran

“I’m not sure why oil has popped up on this,” Bessent told CNBC. “If we are doing the maximum economic pressure, then that means that likely there will not be a large-scale kinetic restart,” he said, using a term referring to military force.

Thousands have been killed in the conflict, which drew in Gulf nations and shocked markets as Iran flexed its ability to curb shipping through the Strait of Hormuz – a waterway that carried about a fifth of all traded oil before February.

The US and Iran have twice announced ceasefire deals, in April and June, aiming to restore the free flow of shipping through Hormuz on a path toward ending the conflict, but both quickly crumbled.

Sanctions detail to come

Iran has weathered near-continuous, punishing economic sanctions for nearly 50 years, since the Islamic Revolution of 1979.

Before Bessent spoke, Iran’s foreign ministry said it condemned US economic and trade sanctions, calling them “economic terrorism” that would not “create even the slightest hesitation in Iranians’ determination to safeguard Iran’s independence, dignity and national sovereignty.”

Bessent told CNBC he would share more details on the latest package and “talk about exactly what we’re going to do” on Iran at a press conference on Monday.

“It is a one-two punch. We have the blockade (on Iran), and we are going to have the toughest sanctions in history,” he added, referring to a US naval blockade imposed on Iran in April and paused for a month in mid-June.

“It is going to work in Iran and we are going to collapse this regime. It is time for our allies and the rest of the world to make a decision,” he said.

Must Read

US rules out extending ceasefire deal as Iran threatens new offensive


US rules out extending ceasefire deal as Iran threatens new offensive

China buys more than 80% of Iran’s shipped oil, according to 2025 data from analytics firm Kpler, but engaging in further economic warfare with China, a major exporter to the US including vital rare-earth minerals, risks retaliation against Washington.

When asked if the United States could target China for doing business with Iran, Bessent said many conversations were best to have in private.

“Keep in mind that the Chinese get 50% (of their) energy… from the Gulf. So it would do them a big service to get with the program,” he said.

China’s embassy in Washington said “sanctions and pressure do not help resolve the problem.”

“China calls on the relevant parties to take responsible actions and resolve the issue through political and diplomatic means,” according to an embassy spokesperson.

‘Tremendous economic consequences’

In a social media message on Wednesday, August 19, Trump promised “Economic Warfare and Isolation on an unprecedented scale.” He did not say what specific steps the US would take or name any country, though the warning would appear to extend to US allies that have helped mediate peace talks.

“ANY country that allows its financial institutions, businesses, airports, or government entities to provide any type of lifeline to Iran will itself face TREMENDOUS Economic Consequences,” Trump wrote.

Trump, however, is under pressure at home to end the unpopular war, with high fuel prices dragging down his approval ratings and potentially threatening his party’s control of Congress in midterm elections in November.

Iranian Foreign Minister Abbas Araqchi called Trump’s comments an attempt to divert American public opinion from domestic financial problems, including record debt and rising interest rates.

He said Washington’s insistence on policies he described as failed would bring further failures and alienate Iranians.

Trump’s social media threats and announcements are not always implemented as written. – Rappler.com

Similar Posts

  • |

    EU plans sweeping new sanctions against Russia

    European Union foreign policy chief Kaja Kallas is preparing a major new sanctions package targeting Russia, describing it as potentially the bloc’s most extensive list since the war in Ukraine began. In an interview with German newspaper Welt, Kallas said she plans to present the proposed measures in the coming months. She said that if the package is approved, the number of sanctioned Russian individuals, companies and organisations could rise by about one-third. Kallas argued that continued pressure on Moscow was necessary and welcomed signs of closer coordination between the European Union and the United States. She pointed to the US Senate’s approval of a sanctions bill earlier this month as a development that could bring Washington and European capitals closer on Russia policy. The EU foreign policy chief also warned of what she described as a growing hybrid threat facing Europe. She cited alleged incidents involving sabotage, espionage and cyberattacks, which she said were frequently linked to Russia. Kallas also referred to recent reports of Russian missiles and drones entering the airspace of Poland and Romania. She said such incidents should not be treated lightly, arguing that Moscow was testing the readiness and defensive capabilities of European countries. She welcomed Germany’s plans to reform its intelligence services, saying stronger intelligence capabilities would be important in responding to emerging hybrid security threats. Kallas also discussed diplomatic efforts involving the United States and Iran. She said negotiations aimed at resolving tensions were continuing but warned that their outcome remained uncertain because of a lack of trust between the two sides. She highlighted the economic consequences of the closure of the Strait of Hormuz, a vital route for global energy and maritime trade. Kallas said freedom of navigation should remain unrestricted and argued that reopening the waterway should be treated as a priority. She also said efforts to prevent Iran from acquiring nuclear weapons should remain an important part of the international agenda. On the Israel-Palestine conflict, Kallas reiterated the European Union’s support for a two-state solution, describing it as the only viable long-term framework for allowing Israelis and Palestinians to live securely alongside each other. She said EU missions were continuing efforts to preserve the possibility of such a settlement and suggested that a US-backed Gaza peace initiative could provide an opportunity for progress.

  • President Trump Speaks on ‘Extraterrestrial Things’ — Is an Alien Life Confirmation Coming?

    President Donald Trump once again caught the attention of alien life truthers (and Polymarket bettors) when he brought up extraterrestrials on Wednesday. During an cabinet meeting that was open to media, Trump took a bit to reflect on the tenure of Tulsi Gabbard, the outgoing director of national intelligence. In the wake of Gabbard’s announcement […]

  • |

    Powerful 7.7 quake kills 20 in Indonesia

    At least 20 people have been killed after a powerful 7.7-magnitude earthquake struck Indonesia’s Flores Island early Saturday, triggering widespread panic, building damage and a series of strong aftershocks. The earthquake struck shortly before 5am local time at a depth of about 15 kilometres, according to Indonesia’s meteorological and geophysics authorities. The relatively shallow depth increased the potential for severe damage across affected areas. Indonesia’s disaster management authorities said several people were injured, with the figures still considered preliminary as rescue teams continue searching damaged buildings and assessing casualties. The strongest aftershocks included a 6.1-magnitude tremor, forcing residents to remain outdoors because of fears that weakened structures could collapse. Dramatic scenes were reported at the port of Maumere, where sections of a terminal building broke apart during the earthquake. A gangway leading to a ferry also collapsed, sending some passengers into the sea as people attempted to escape. East Nusa Tenggara Governor Emanuel Melkiades Laka Lena said some victims were killed while sleeping after rubble from collapsing structures fell on them. Residents described the earthquake as extremely frightening. People rushed out of their homes and moved towards safer areas, with many heading to higher ground after authorities issued a tsunami warning. The tsunami alert was later lifted about three hours after the earthquake when no significant rise in sea levels was detected. Authorities said around 2,000 people evacuated or moved to safer locations on their own during the warning. Officials reported fatalities in several provinces, including Sikka, Manggarai and East Manggarai. At least two people were seriously injured while 11 others suffered minor injuries. The earthquake also caused extensive structural damage. Initial assessments indicated that dozens of houses had been severely damaged along with healthcare facilities, places of worship, government buildings, an educational institution and a warehouse. Manggarai was identified as one of the worst-affected areas. Rescue and assessment teams are continuing to work in the region, although difficult mountainous terrain could make operations challenging. Authorities have urged residents to remain calm, avoid coastal areas and stay away from buildings that have been damaged or weakened by the earthquake and aftershocks.

  • | | |

    US sees strong potential for agricultural technolo…

    The United States has underscored the potential for expanding agricultural technology cooperation with Pakistan, saying that greater adoption of American innovation could modernise the country’s farming sector while creating new opportunities for bilateral trade and investment. The remarks were made by US Chargé d’Affaires Natalie A. Baker during a Direct Line webinar organised by the Business Council for International Understanding (BCIU) in collaboration with the US Embassy in Islamabad, the US Department of Commerce, and the Government of Pakistan. The virtual event brought together American companies, Pakistani government officials, investors, and representatives from the agriculture industry to discuss future collaboration. Speaking at the webinar, Baker described agriculture as one of Pakistan’s most important economic sectors, contributing nearly one-quarter of the country’s gross domestic product (GDP) and supporting millions of livelihoods. She said Pakistan’s efforts to modernise agriculture present significant opportunities for American businesses to introduce advanced technologies and expertise. According to Baker, US companies can contribute in key areas such as precision agriculture, advanced irrigation systems, digital farm management, cold chain logistics, and modern food processing technologies. She noted that these innovations could help improve agricultural productivity, reduce resource wastage, and strengthen food security while creating commercial opportunities for both countries. The US diplomat also highlighted the growing trade relationship between the two countries, revealing that US exports to Pakistan exceeded $1.5 billion in agricultural and related goods during 2025. She described the webinar as part of the US Mission’s broader strategy to promote stronger economic cooperation and expand commercial ties with Pakistan. During the discussions, Pakistani officials outlined regulatory reforms and policy initiatives designed to facilitate greater imports of American agricultural products, including soybeans, cotton, and high-quality planting seeds. They also encouraged increased US investment in farm mechanisation, biotechnology, seed development, controlled-atmosphere storage, and food processing industries. Baker stressed that American investment offers benefits beyond financial capital by promoting technology transfer, workforce training, and long-term business partnerships. She said such collaboration can strengthen local expertise and contribute to sustainable economic growth in Pakistan’s agriculture sector. The webinar also served as a preview of the US Department of Commerce’s Certified Agricultural Technologies Trade Mission to Pakistan, scheduled for October 26–30. Baker invited American companies to explore investment opportunities in Pakistan’s agricultural technology and food processing sectors, reaffirming that supporting US businesses seeking to invest in Pakistan remains a key priority for the embassy.

  • | |

    Iran says US-Israel attacks damaged 100 commercial aircraft

    Iranian Minister of Roads and Urban Development Farzaneh Sadegh has claimed that Iran lost around 100 commercial aircraft during the US-Israeli attacks on the country. She made the remarks during a press conference in Tehran, according to Iranian media. Sadegh said the aviation sector suffered major losses during the conflict. She said airports and other important infrastructure were targeted during the attacks. She added that Iran Air continued operating Hajj flights despite the difficult circumstances. According to the minister, the airline used eight aircraft to operate the flights during the conflict. Sadegh said the damage was not limited to the aviation sector. She claimed that electricity and water facilities were also targeted. Several other key infrastructure installations were reportedly affected. Despite the attacks, transport services continued to operate in several parts of the country. The minister said railway services remained active during the conflict. Road transport also continued. Port operations were also maintained despite the security situation. Sadegh further claimed that the United States and Israel attacked around 400 cities across 25 Iranian provinces. She said the attacks caused extensive damage to civilian and commercial infrastructure. According to her, around 100,000 commercial and residential units were damaged during the conflicts imposed on Iran. The Iranian minister described the damage as extensive. She said the country’s transport infrastructure faced serious pressure during the fighting. The aviation sector was among the areas affected by the conflict. Damage to aircraft and airport infrastructure created additional challenges for domestic and international air travel. Despite these difficulties, Iranian authorities said essential transport operations continued. Railway networks, roads and ports remained operational during the conflict. The Iranian government has repeatedly accused the United States and Israel of targeting civilian infrastructure. Washington and Tel Aviv have presented their own justifications for military operations against Iran.

  • |

    Cockroach Janta Party Instagram account suspended, restored hours later

    The official Instagram account of India’s Cockroach Janta Party (CJP) was temporarily suspended on Sunday. The account was restored several hours later. CJP founder Abhijit Dipke claimed that Instagram had suspended the party’s official account. He shared a screenshot on X showing that the account was unavailable. Dipke criticised Instagram over the suspension. He questioned the platform’s decision and drew attention to the account becoming inaccessible. The account was later restored. The party regained access to its official Instagram profile after several hours. CJP also confirmed the development in a statement posted on X. The party said its Instagram account had been suspended in the morning. It added that the account was successfully restored later in the day. The temporary suspension triggered reactions on social media. Several users discussed the incident and questioned why the account had been taken down. Some social media users linked the incident to youth-led protest movements in India. They also accused the government of attempting to silence political opponents. These claims were made by users on social media and were not independently established. Other users criticised India’s ruling Bharatiya Janata Party (BJP). Some called for an explanation from Instagram over the suspension. The party did not provide details about the reason given by Instagram for the action. It also did not say whether any specific post or activity had led to the suspension. The restoration means the party can once again access and use its official Instagram account

Leave a Reply

Your email address will not be published. Required fields are marked *