The U.S. Reveals Details of its Economic War on Iran: Expected to Expand Secondary Sanctions on Iran-related Business Activities

BlockBeats News, August 24th. Sources said the US Department of the Treasury is expected to announce an expansion of secondary sanctions on countries and entities that engage in commercial activities with Iran, aiming to impose secondary sanctions on any activities involved in specific sectors in Iran.

US Treasury Secretary Benson will announce the details of the Iran sanctions at 2:00 pm Eastern Time, which is 2:00 am tonight Beijing Time. At that time, the stock market and the crypto market may experience significant fluctuations. Benson previously wrote in the UK's Financial Times that the US is entering a decisive phase. At dawn, an economic "D-Day" against Iran is approaching—a historically significant financial offensive against a hostile force. When explaining the related sanction measures, Benson deliberately added: it is expected that there will no longer be a need for a "large-scale" military operation.