Fox News(@FoxNews):"An economic D-Day." Treasury Secretary Scott Bessent is set to announce new sanctions against Iran as the Trump administration intensifies economic pressure on Tehran. The move comes as the U.S. naval blockade in the Middle East remains in effect, with the administration saying shipping traffic through the Strait of Hormuz has nearly quadrupled in recent days. President Trump says reopening the strait is key to lowering oil prices and removing a major restraint on economic growth.

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2026.08.24 15:52

"An economic D-Day." Treasury Secretary Scott Bessent is set to announce new sanctions against Iran as the Trump administration intensifies economic pressure on Tehran. The move comes as the U.S. naval blockade in the Middle East remains in effect, with the administration saying shipping traffic through the Strait of Hormuz has nearly quadrupled in recent days. President Trump says reopening the strait is key to lowering oil prices and removing a major restraint on economic growth. | @LucasFoxNews