{"id":2924,"date":"2026-08-24T19:12:29","date_gmt":"2026-08-24T19:12:29","guid":{"rendered":"https:\/\/modernhomejournals.com\/?p=2924"},"modified":"2026-08-24T19:12:29","modified_gmt":"2026-08-24T19:12:29","slug":"trump-launches-fresh-sanctions-against-iran-in-bid-to-end-war","status":"publish","type":"post","link":"https:\/\/modernhomejournals.com\/?p=2924","title":{"rendered":"Trump Launches Fresh Sanctions Against Iran in Bid to End War"},"content":{"rendered":"<div>\n<div>\n<\/div>\n<div>\n<p>The Trump administration on Monday broadened its sanctions campaign against Iran and threatened foreign governments and companies with new penalties if they continue doing business with Tehran, as the U.S. seeks to cut off the country from the global economy after months of war.<\/p><p>Read more <a href=\"https:\/\/modernhomejournals.com\/?p=2922\">The Kids Competing to Make America Patriotic Again<\/a><\/p><p>Treasury Secretary Scott Bessent announced sanctions that target digital assets, technology, gold, aviation and shipping. The administration also sanctioned more than 60 entities, individuals and vessels it says helped Iran generate oil revenue, obtain nuclear and missile technology and conduct cyber operations.<\/p>\n<p>Bessent said countries and companies are being given individual deadlines to end Iran-related activity identified by the U.S. He would not specify the dates but warned Washington would move quickly against those that do not comply.<\/p><p>He also did not identify the countries that could face secondary sanctions, but China, Turkey and the United Arab Emirates are among Iran\u2019s biggest trading partners.<\/p>\n<section>\n<div>\n<h2>\n<span>Trending<\/span>\n<\/h2>\n<\/div>\n<div>\n<div>\n<ul>\n<li>\n<div>\n<div>\n<div>\n<div>\n\n<figure class=\"wp-block-image size-large\">\n<figure class=\"wp-block-image size-medium_large\"><img loading=\"lazy\" decoding=\"async\" alt=\"Atmosphere at Immigration Court in New York City\" class=\"wp-image-2885\" height=\"555\" src=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/08\/5580f58d9367bce9ebca7b1e1628f165-768x555.jpg\" width=\"768\" srcset=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/08\/5580f58d9367bce9ebca7b1e1628f165-768x555.jpg 768w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/08\/5580f58d9367bce9ebca7b1e1628f165-300x217.jpg 300w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/08\/5580f58d9367bce9ebca7b1e1628f165.jpg 1024w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n<\/figure>\n\n<\/div>\n<\/div>\n<\/div>\n<div><h3>\n<span>\n                      Judge to Baby: File an Asylum Application\n                    <\/span>\n<\/h3><\/div>\n<\/div>\n<\/li>\n<li>\n<div>\n<div>\n<div>\n<div>\n\n<figure class=\"wp-block-image size-large\">\n<figure class=\"wp-block-image size-medium_large\"><img loading=\"lazy\" decoding=\"async\" alt=\"2026.08.21 Mike Johnson Embassy Diner Edited V2 @seanchee-3.jpg\" class=\"wp-image-2919\" height=\"512\" src=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/08\/99962a7f414ee7236330c49de2ea91d3-768x512.jpg\" width=\"768\" srcset=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/08\/99962a7f414ee7236330c49de2ea91d3-768x512.jpg 768w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/08\/99962a7f414ee7236330c49de2ea91d3-300x200.jpg 300w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/08\/99962a7f414ee7236330c49de2ea91d3.jpg 1024w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n<\/figure>\n\n<\/div>\n<\/div>\n<\/div>\n<div><h3>\n<span>\n                      Johnson\u2019s Political Future May Hinge on Republicans Exceeding Midterm Expectations\n                    <\/span>\n<\/h3><\/div>\n<\/div>\n<\/li>\n<li>\n<div>\n<div>\n<div>\n<div>\n\n<figure class=\"wp-block-image size-large\">\n<figure class=\"wp-block-image size-medium_large\"><img loading=\"lazy\" decoding=\"async\" alt=\"james_river_valley_link_transmission_crossing_seven_islands_fluvanna_county_5-1-26_credit_hugh_kenny_pec-6.jpg\" class=\"wp-image-2836\" height=\"512\" src=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/08\/0802f41ac0a301437e563692926a443b-768x512.jpg\" width=\"768\" srcset=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/08\/0802f41ac0a301437e563692926a443b-768x512.jpg 768w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/08\/0802f41ac0a301437e563692926a443b-300x200.jpg 300w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/08\/0802f41ac0a301437e563692926a443b.jpg 1024w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n<\/figure>\n\n<\/div>\n<\/div>\n<\/div>\n<div><h3>\n<span>\n<u>Dana Milbank:<\/u> Data Centers Are Destroying Virginia\u2019s Countryside \u2014 Even in Places That Have No Data Centers\n                    <\/span>\n<\/h3><\/div>\n<\/div>\n<\/li>\n<li>\n<div>\n<div>\n<div>\n<div>\n\n<figure class=\"wp-block-image size-large\">\n<figure class=\"wp-block-image size-medium_large\"><img loading=\"lazy\" decoding=\"async\" alt=\"20260812_McGarvey_PatriotGames_1388 copy.jpg\" class=\"wp-image-2918\" height=\"512\" src=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/08\/016b17aad0b49b7f782fb2f56e03b696-768x512.jpg\" width=\"768\" srcset=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/08\/016b17aad0b49b7f782fb2f56e03b696-768x512.jpg 768w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/08\/016b17aad0b49b7f782fb2f56e03b696-300x200.jpg 300w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/08\/016b17aad0b49b7f782fb2f56e03b696.jpg 1024w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n<\/figure>\n\n<\/div>\n<\/div>\n<\/div>\n<div><h3>\n<span>\n                      The Kids Competing to Make America Patriotic Again\n                    <\/span>\n<\/h3><\/div>\n<\/div>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/section>\n<p>\u201cEvery country has a defined timeline to shut down activities we have identified,\u201d Bessent said at a news conference. \u201cIf they do not take action, we will do so unilaterally through Treasury authorities.\u201d<\/p><p>More sanctions are coming, Bessent said, adding that he expects a \u201cmajor announcement\u201d targeting a financial institution by the end of the week.<\/p><p>The administration is calling the campaign \u201cOperation Economic Outcast,\u201d part of what Bessent has described as an \u201ceconomic D-Day\u201d against Iran.<\/p><p>But Bessent said Washington is giving governments and companies a chance to change their behavior before imposing the harshest penalties.<\/p>\n<p>\u201cWhy would I want to blow up the global financial system?\u201d Bessent said. \u201cWe believe that it is important to level set and give people a cure period, but they should know that that will move very quickly and that we are serious.\u201d<\/p><p>Those that do not comply could lose access to the dollar system, he said.<\/p><p>The administration stopped short Monday of targeting major Chinese banks, which could leave gaps in the U.S. effort to isolate Iran. China continues to buy most of the Iranian oil shipped abroad.<\/p><p>Asked whether Chinese financial institutions could be targeted later, Bessent declined to name potential targets but said no institution was beyond Washington\u2019s reach.<\/p><p>\u201cNo one is above the reach of U.S. sanctions,\u201d Bessent said. \u201cIf they facilitate transactions and are part of the ecosystem that turns Iranian oil into money, into repression, they will be targeted.\u201d<\/p><p>Bessent said Trump is calling foreign leaders directly, with Treasury and State Department officials following up with specific demands and deadlines.<\/p>\n<p>\u201cWe know who they are; they know who they are,\u201d Bessent said. \u201cSo when the hammer of U.S. Treasury actions falls upon them, they will have no one to blame but themselves.\u201d<\/p><p>The new economic offensive is the latest attempt to end the war, following months of military operations and diplomatic negotiations. The White House initially said it expected the conflict\u2019s military objectives, which began in February, to take four to six weeks.<\/p><p>Trump has repeatedly portrayed Iran as close to defeat even as the war has continued.<\/p><p>\u201cIRAN IS COMPLETELY COLLAPSING!!!\u201d Trump wrote Monday morning on Truth Social.<\/p><p>Iran is already one of the most heavily sanctioned countries in the world. The administration has spent months tightening restrictions on its oil exports, financial networks and shipping operations. The U.S. blockade of Iranian shipping through the Strait of Hormuz has added another layer of pressure.<\/p><p>Read more <a href=\"https:\/\/modernhomejournals.com\/?p=2920\">Sailor on Nightmare USS Lincoln Deployment Says Border Patrol Arrested His Father<\/a><\/p><p>That leaves fewer obvious lanes for Washington to apply financial penalties.<\/p>\n<p>Richard Nephew, a former deputy special envoy for Iran who helped design and implement U.S. sanctions policy, said that before Monday\u2019s announcement, most major targets were already covered by existing restrictions.<\/p><p>\u201cThe real issue is the implementation side and the degree to which closing off a couple more of these cracks that exist in the sanctions regime is going to materially change things,\u201d said Nephew, who is now at Columbia University\u2019s Center on Global Energy Policy. \u201cI think it\u2019s reasonable to be suspicious of.\u201d<\/p><p>Those remaining gaps are mostly enforcement problems, he added, including Chinese purchases of Iranian oil and transactions that continue through foreign banks and companies.<\/p><p>He said the blockade may now matter more than another round of sanctions.<\/p><p>\u201cThe blockade is probably doing more of that than sanctions at this point,\u201d Nephew said. \u201cI think sanctions are a secondary issue on this.\u201d<\/p><p>Iranian oil shipments to China fell to roughly 534,000 barrels a day so far in August, down from 823,000 in July, according to shipping data <span><u>cited by Reuters<\/u><\/span>.<\/p>\n<p>China still buys the vast majority of Iranian oil shipped abroad, <span><u>according to Kpler.<\/u><\/span> Much of that trade runs through smaller independent refiners rather than major state-owned refiners.<\/p><p>Nephew said that fully isolating Iran would require Washington to confront China more directly, either by threatening Chinese companies with sanctions or offering Beijing something in return for ending its purchases.<\/p><p>\u201cThe only way they can do it is one of two things: They either tell the Chinese we\u2019re going to impose sanctions on these companies unless you stop it, or they say, let\u2019s do a trade,\u201d Nephew said.<\/p><p>Washington could go further by targeting major Chinese banks or oil companies. But that would risk retaliation from Beijing.<\/p><p>\u201cThere\u2019s a lot we could potentially do, but it\u2019s the blowback question,\u201d Nephew said.<\/p><p>It remains unclear whether more economic pressure can accomplish what months of military action and diplomacy have not: force Tehran into an agreement acceptable to President Donald Trump.<\/p>\n<p>Nephew said the sanctions campaign that preceded the 2015 nuclear agreement produced significant Iranian concessions. He said heavier sanctions imposed since then have failed to produce comparable results.<\/p><p>\u201cYou can make a good faith argument, I think, that you are never going to recapture those benefits under a sanctions campaign,\u201d Nephew said.<\/p><p>Bessent on Monday cast Tehran\u2019s coming decision in starker terms.<\/p><p>\u201cIran now faces a very clear choice, with only two paths before them: complete global isolation and a subsistence economy, or a path back to normalcy with an opportunity to rejoin the global economy,\u201d he said.<\/p><p>Targeting Iranian oil could create problems for Trump at home. Driving more Iranian crude from the market could tighten global supply and push up energy prices as November\u2019s midterm elections approach.<\/p><p>Read more <a href=\"https:\/\/modernhomejournals.com\/?p=2914\">Another Spin: Could the Grand Prix Become an Annual D.C. Race?<\/a><\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The administration said it\u2019s targeting digital assets, technology, gold, aviation and shipping.<\/p>\n","protected":false},"author":1,"featured_media":2923,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-2924","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-foreign-policy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trump Launches Fresh Sanctions Against Iran in Bid to End War - Modern Home Journals<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/modernhomejournals.com\/?p=2924\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump Launches Fresh Sanctions Against Iran in Bid to End War - 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