U.S. Plans Iran Bank Sanction
Scott Bessent says the U.S. will sanction another bank over Iran-linked transactions.
August 30, 2026 · Updated Aug 30, 6:42pm ET
PBS NewsHourU.S. plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP
CNBCU.S. plans to sanction another bank in effort to clamp down on Iran transactions: Bessent
The American ConservativeIran War Day 183: Bessent Announces First New Sanctions for ‘Operation Economic Outcast’
TIME MagazineDire Strait: Why Economic Threats Might Escalate the War in Iran
ABC NewsUS plans to sanction another bank in effort to clamp down on Iran transactions, AP
The GuardianTrump’s ‘economic D-day’ against Iran risks driving the stakes even higher | Sina Toossi
Associated PressUS plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP
BloombergWorld Mostly Shrugs Off Bessent’s ‘D-Day’ Iran Sanctions Threat
Political WireWorld Mostly Shrugs Off Bessent’s ‘D-Day’ Iran Sanctions
Wall Street JournalOpinion | Trump’s New Iran Sanctions Put China on Notice
FortuneWorld mostly shrugs off Bessent’s 'D-Day' Iran sanctions threat
ForbesIran Sanctions: Operation Economic Outcast Auctions Dollar Access
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Pano rates the coverage Mostly Center.
What happened
President Donald Trump’s Treasury Department moved to cut Banque MisrBanque MisrEgyptian bank’s UAE branches off from the U.S. dollar system under “Operation Economic Outcast,” its new sanctions drive to isolate Iran financially. Treasury said the Egyptian bank operation processed about $1.8 billion between January 2024 and June 2026 for 103 companies it identified as potentially linked to Iranian shadow-banking networks. Banque Misr, Egypt’s second-largest bank, faces a 30-day process before the proposed restriction takes effect. Treasury Secretary Scott Bessent
Scott BessentUnited States Secretary of the Treasury said Washington plans additional bank sanctions as it presses G20 finance leaders and foreign governments to sever Iran-related transactions.
U.S.-Iran Regional Conflict
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- Aug 30U.S. Plans Iran Bank Sanction (this story)Mostly Center
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