Scott Bessent plans new Iran sanctions

Senator John Barrasso warned of escalating U.S.-Iran tensions amid new sanctions announced by Treasury Secretary Scott Besset. Iran’s Supreme National Security Council leader, Mohsen Rezaei, vowed to retaliate “seismically” against the sanctions, threatening to cut oil exports from the Persian Gulf and labeling any support for the U.S. measures as an act of war. The sanctions are expected to target Iran’s economy and provoke a strong Iranian response.

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