US Treasury Vows 'Unprecedented' Squeeze on Iran—But Risks Boomerang

The United States is preparing to impose "unprecedented" economic pressure on Iran, according to Treasury Secretary Scott Bessent. Critics, however, met the claim with skepticism, noting that Tehran already faces a naval blockade and thousands of active sanctions. The Trump administration has not detailed its next steps. But analysts point to several remaining pressure points that Bessent's Treasury Department could target. The core problem: hitting those targets could backfire on the US economy. "Unless the..."