US unveils campaign to cripple Iran’s economy, but offers few details

Treasury Secretary Scott Bessent at the White House in Washington, Aug. 20, 2026. The Trump administration announced on Monday, Aug. 24, what it is describing as its most comprehensive assault to date on Iran’s economy, unveiling a package of measures that are intended to isolate Iran from the rest of the world. (Kenny Holston/The New York Times) By ALAN RAPPEPORT The Trump administration on Monday announced what it called its most comprehensive assault to date on Iran’s economy, unveiling a…

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