US Sanctions Nearly 60 Iran-Linked Entities in Major Economic Crackdown

The United States has imposed new sanctions on nearly 60 entities, individuals and vessels connected to Iran, targeting networks involved in oil smuggling, nuclear activity, missile development and cyber operations. Treasury Secretary Scott Bessent said the goal is to cut off every financial lifeline supporting the Iranian regime, describing the effort as an “economic onslaught” aimed at isolating Tehran completely.

Countries Given Clear Deadlines

Bessent said every nation involved in flagged activities has now been given a defined timeline to stop, warning that Treasury, State Department and military teams are actively communicating expectations to global counterparts. He added that President Trump has been personally contacting world leaders, urging them to cut ties with Iran.

Iran Responds With Its Own Warnings

In retaliation, Iran has blacklisted 45 tankers accused of violating its rules for crossing the Strait of Hormuz, threatening fines and possible seizures. Meanwhile, Pakistan’s army chief arrived in Tehran for talks aimed at reviving diplomacy, as shipping traffic through the strait remains sharply reduced compared to pre-war levels.