US to Expand Secondary Sanctions on Iran, Sources Indicate

According to the International Desk of Webangah News Agency, the U.S. Treasury Department is expected to expand its secondary sanctions, targeting institutions and countries that continue their trade relations with Iran. This development comes as the Trump administration seeks to heighten economic pressure on Tehran. Reuters, citing an informed source, reported that this measure is intended as a final warning to nations to cease their business dealings with Iran, aiming to conclude the nearly six-month-long conflict that has disrupted energy exports in the Strait of Hormuz and the Persian Gulf.

U.S. Treasury Secretary Steven Mnuchin is anticipated to provide further details on these actions against Iran during a press conference on Monday. The source claimed that Mnuchin plans to present a broader overview of what is being termed the “economic pressure campaign” against Iran, which he and President Trump have described as “economic D-Day.” This campaign aims to make it clear to countries that they must align with the United States or risk the disconnection of key companies and institutions from the dollar-based financial system.