**The US Treasury is likely to roll out new secondary sanctions against Iran every week as Washington steps up economic pressure on Tehran, Treasury Secretary Scott Bessent told** [Reuters](https://www.reuters.com/business/finance/bessent-expects-new-us-secondary-sanctions-weekly-aiming-increase-pressure-iran-2026-08-30/).

The campaign will initially target banks dealing with Iranian funds. Bessent said Washington could escalate further by cutting financial institutions off entirely from the dollar-based system, warning: _“You’re either with us or you’re with the Iranians.”_

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