US Treasury Secretary Threatens 'Full Scope' of Sanctions Against Iran
The USA, via Trade Secretary Scott Bessent, threatened 'full scope' sanctions targeting sectors like technology, gold, and transport against Iran. In response, Iran acknowledged the sanctions while presenting a two-year management plan, predicting a 'new defeat'.
With the announcement of new, strict sanctions against Iran, the United States has initiated an economic escalation. This announcement was made by US Trade Secretary Scott Bessent and includes the threat of 'full scope' of economic retaliatory measures against any entity that continues to trade with Iran.
The scope of these measures is broad and affects several key areas of the international economy. The affected sectors include, in particular, digital assets, technology, gold, and the transport sector. This targeted constriction is not only aimed at commodity flows but is explicitly directed against individuals, organizations, and even countries that maintain trade relations with Tehran.
Parallel to these economic sanctions, the US side expresses a specific assessment of the situation: They speak of a so-called 'final phase' and claim that Iran's military capabilities have been destroyed. This assertion forms the political framework for the economic sanction threats.
Iran reacts to these developments. The Iranian Ministry of Economy has acknowledged the sanctions but has simultaneously presented a two-year plan to manage the resulting economic disruptions. The Ministry predicts a 'new defeat' and presented a corresponding management plan for two years. Striking here is the immediate counterreaction and the structuring of a response strategy reacting to the predicted crisis.