San Francisco Oakland San Jose, CA, August 24, 2026 —

Washington D.C. – U.S. Treasury Secretary Scott Bessent announced on Monday that new sanctions have been imposed targeting Iran’s revenue streams. The announcement was made via a public statement released by the Treasury Department.

The specific details regarding the nature of these revenue streams and the precise mechanisms of the sanctions were not immediately available. However, the move signifies a continued effort by the U.S. to exert financial pressure on Iran.

Further information on the scope and impact of these new measures is expected to be released by the Treasury Department.



Story summarized from the original created by KGO-TVWebTeam@email.disney.com(KGO-TV San Francisco) on abc7news.com, see more information here.

About The Author