US vows to 'collapse' Iran with new sanctions as energy prices spike

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Source: Middle East Eye
Published: 2026-08-21 12:21 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, Business & Economy, War & Conflict
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Snippet:
The US will impose "the toughest sanctions in history” on Iran, Secretary of the Treasury Scott Bessent said on Thursday, vowing to ramp up economic pressure on the Islamic Republic even as the economic toll of the war builds.
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