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United States to Soon Unveil Unprecedented Sanctions on Iran
Posted on 8/14/26 at 9:26 am
Posted on 8/14/26 at 9:26 am
quote:
The US will soon announce unprecedented economic measures against Iran, Treasury Secretary Scott Bessent said, intensifying the Trump administration's effort to force Tehran's capitulation after almost six months of war.
"Watch this space for more announcements coming next week because we are going to apply measures like have never been seen in the history of economic isolation on a country," Bessent said in an interview with Newsmax on Thursday. The move will be part of a "one-two punch" that includes the continued blockade of Iran's ports, he added.
quote:
Iran's economy has taken a major hit, with much of its industrial capacity damaged and crude exports severely curtailed by the US blockade. But the Islamic Republic has weathered waves of sanctions that have failed to force it to bend on its nuclear program or relinquish control over the Strait of Hormuz.
US President Donald Trump in recent days has renewed his administration's push for economic pressure on Iran as the US faces a shortfall of necessary munitions and appears wary of expanding a military campaign that's faces mounting domestic opposition heading into mid-term elections in November.
Trump told Axios over the weekend that he is "low-keying it" with Iran. "We are just watching Iran with its huge inflation and the fact they have no money," he said.
quote:
The US has added some 2,200 sanctions on Tehran since 2018, according to Jeremy Paner, a partner at Hughes Hubbard & Reed, who tracks designations on Iran's oil and petrochemical sectors.
"If 47 years of sanctions haven't broken Tehran's will, more of the same is unlikely to produce any changes," according to a Bloomberg Economics report led by Jennifer Welch. She sees the most likely scenario is that Trump stays on the same path as before, maintaining sanctions and the blockade, alongside limited strikes and diplomatic efforts.
The Strait of Hormuz has been a key sticking point. Both sides claim control of the waterway, through which one-fifth of the world's oil and gas transited prior to the war, and are demanding concessions that are unlikely to be met.
Two Abu Dhabi National Oil Co. vessels were attacked while transiting Hormuz on Thursday evening, the United Arab Emirates' state news agency WAM reported. No-one was injured and the situation had been brought under control, it said.
quote:
The US forces' ability to escort ships through Hormuz is growing and crude flows from the region will continue to increase, with the "pinch" in the oil market stemming from refining rather than deliveries, US Energy Secretary Chris Wright told Fox News on Thursday.
Vice President JD Vance told the TV channel that the first goal in the war with Iran is keeping the price of oil and gasoline cheap for Americans, and that the US has "a lot of tools at our disposal to compel action" from Iran.
Brent crude prices rose 1 percent to $87.93 a barrel, lifting the global benchmark's gains for the week to 5 percent.
LINK
Really need this thing to settle itself before Crawfish Season begins.
This post was edited on 8/14/26 at 9:27 am
34
Posted on 8/14/26 at 9:29 am to ragincajun03
Yeah, whatever. He acts like everything he does is unprecedented and never happened before. His trademark phrase is "nobody has seen anything like it before."
Posted on 8/14/26 at 9:30 am to UFFan
We've destroyed the Iranian regime about a dozen separate times the past few months.
Posted on 8/14/26 at 9:34 am to SCLibertarian
quote:
We've destroyed the Iranian regime about a dozen separate times the past few months.
Countless times over the past several decades.
It's time to drop the nuke on that sand pit.
Posted on 8/14/26 at 9:34 am to UFFan
Iran is now in the Find Out stage. You just wait and see.
Posted on 8/14/26 at 9:36 am to ragincajun03
Posted on 8/14/26 at 9:38 am to ragincajun03
quote:
we are going to apply measures like have never been seen in the history of economic isolation on a country
Worse than what almost the entire planet does to North Korea?
Posted on 8/14/26 at 9:38 am to ragincajun03
quote:
Iran is now in the Find Out stage. You just wait and see.
we've been waiting for months
Posted on 8/14/26 at 9:39 am to ragincajun03
Sanctions are going to be more sanctiony this time.
Posted on 8/14/26 at 9:40 am to ragincajun03
quote:
the "pinch" in the oil market stemming from refining rather than deliveries, US Energy Secretary Chris Wright told Fox News on Thursday
Almost like we saw this coming months ago
If oil takes a $10 jump at this point it could be detrimental.
Posted on 8/14/26 at 9:42 am to ragincajun03
I don't even understand how Iran could be sanctioned any more than it's already been sanctioned. Trade between the US and Iran is already forbidden, so how is he going to forbid the trade any more than it's already forbidden?
I also don't understand how he can do all this international trade stuff unilaterally. Like he always installs these tariffs on the whole world unilaterally, and the only documents he ever seems to be able to use to legally justify it are some Republican Party platform statements from something like 1872.
I also don't understand how he can do all this international trade stuff unilaterally. Like he always installs these tariffs on the whole world unilaterally, and the only documents he ever seems to be able to use to legally justify it are some Republican Party platform statements from something like 1872.
This post was edited on 8/14/26 at 9:43 am
Posted on 8/14/26 at 9:43 am to ragincajun03
Damn this is getting old.
Posted on 8/14/26 at 9:44 am to ragincajun03
we'll see what day TACO Tuesday lands on this week
Posted on 8/14/26 at 9:44 am to ragincajun03
Not going to hold my breath.
Posted on 8/14/26 at 9:44 am to ragincajun03
Posted on 8/14/26 at 9:44 am to ragincajun03
Carpet bomb every structure in the country. Quit talking. Just kill them in enough numbers they unconditionally accept terms. It worked in 1945. It will work now.
Posted on 8/14/26 at 9:57 am to ragincajun03
Why were these sanctions not applied the day before the first bomb. I am still waiting for power plant and bridge day.
Posted on 8/14/26 at 10:00 am to SCLibertarian
quote:the people are going to rise up any minute now
We've destroyed the Iranian regime about a dozen separate times the past few months.
Posted on 8/14/26 at 10:00 am to ragincajun03
quote:
Iran is now in the Find Out stage. You just wait and see.
The tenth time you’ve typed out this statement since February
Posted on 8/14/26 at 10:03 am to ragincajun03
Can we just admit this was a failure already and move on? Anything short of a ground invasion won’t be able to get the job done. Ground invasion is the only thing that’ll give us a win in this situation, and we should NOT do a ground invasion either. We fricked up. Let’s move on…
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