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Bessent Announces Sanctions on Major Bank to Pressure Iran

By Drooid · Sep 11, 2026, 4:51 AM UTC · How we work

Summary

Story summary

U.S. Treasury Secretary Scott Bessent announced sanctions on a large bank on Monday, Sept 14.
The sanction was delayed from Friday, Sept 11, because of 25th-anniversary 9/11 ceremonies.
Bessent said the measure pressures Tehran to end a six-month conflict with Iran.
President Donald Trump predicted the war will continue past the November 2026 U.S. midterm elections.
The campaign, dubbed “Operation Economic Outcast,” previously sanctioned nearly 60 entities and expanded secondary sanctions across multiple sectors.

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Story summary

U.S. Treasury Secretary Scott Bessent announced sanctions on a large bank on Monday, Sept 14.
The sanction was delayed from Friday, Sept 11, because of 25th-anniversary 9/11 ceremonies.
Bessent said the measure pressures Tehran to end a six-month conflict with Iran.
President Donald Trump predicted the war will continue past the November 2026 U.S. midterm elections.
The campaign, dubbed “Operation Economic Outcast,” previously sanctioned nearly 60 entities and expanded secondary sanctions across multiple sectors.