SanctionsAl Jazeera
US plans to sanction another bank to keep economic pressure on Iran
Al Jazeera8/31/2026

US-Israel war on Iran US plans to sanction another bank to keep economic pressure on Iran Washington has recently stepped up efforts to economically pressure Tehran amid the deadlocked truce talks. Add Al Jazeera on Google US Treasury Secretary Scott Bessent says US sanctions will intensify to choke off Iran’s revenue and isolate the country [Gerald Herbert/AP] By Adam Hancock , Reuters and The Associated Press Published On 31 Aug 2026 31 Aug 2026 Washington plans to impose sanctions on another bank this week as it steps up its campaign to economically isolate Tehran amid the deadlocked truce talks, the US Treasury chief has said.
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