Treasury Secretary Scott Bessent unveils new U.S. economic sanctions to isolate Iran

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Treasury Secretary Scott Bessent speaks at a news conference at the Treasury Department in Washington, D.C., on Monday. Julia Demaree Nikhinson/AP hide caption

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Treasury Secretary Scott Bessent unveiled a new round of U.S. economic sanctions on Iran and what he called "its enablers" on Monday, calling it an "economic onslaught" against the country's global financial connections.

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