US Treasury Signals Unprecedented Iran Sanctions and Hormuz Blockade

Treasury Secretary Bessent confirms 'unprecedented' economic isolation and Strait of Hormuz blockade to cut Iranian port access, with further details expected next week.

Woofun AI reports that U.S. Treasury Secretary Bessent confirmed on the evening of August 13 that the United States will implement "unprecedented" measures against Iran. Bessent stated in an interview that these actions include severe economic isolation tactics and a sustained blockade of the Strait of Hormuz to sever all access to Iranian ports, noting that additional announcements will follow next week.