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Bessent Urges U.S. Allies to Join Economic Pressure Campaign on Iran

By Song Sang-ho WASHINGTON, Aug. 20 (Yonhap) -- U.S. Treasury Secretary Scott Bessent on...

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The conflict in the Middle East began on February 28, 2026 with a joint attack by the United States and Israel against Iranian nuclear facilities. Iran responded by closing the Strait of Hormuz, firing the price of crude oil and leaving about 2,000 ships stranded. After 39 days of hostilities, a ceasefire came into effect on April 8, mediated by Pakistan. Despite the truce, naval clashes in the Strait have not stopped on either side and instabil…

·Barcelona, Spain
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U.S. Treasury Secretary Scott Bessent extended the warning to all countries in the world, close or not to Washington, and further stated that this maximum economic pressure on Tehran would rule out "a large-scale kinetic restart."

·Las Condes, Chile
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The United States is planning unprecedented economic sanctions against Iran and pressuring its allies to join. This measure is a strategy to cut off Iran's funding sources and prevent the rebuilding of its nuclear capabilities, and the U.S. is demanding a choice from its allies regarding the sanctions against Iran.

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Noticias ao Minuto broke the news in Portugal on Thursday, August 20, 2026.
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