US threatens ‘toughest sanctions in history’ on Iran; oil prices surge as Trump warns of ‘economic warfare’
WASHINGTON/DUBAI, Aug 20 (Reuters) – The U.S. will impose “the toughest sanctions in history” on Iran, Treasury Secretary Scott Bessent said on Thursday, a focus on economic measures he suggested would lessen the need for new major military operations against Tehran. US President Donald Trump warned of economic consequences against any country that provided “any … Read more