Treasury Secretary Scott Bessent said new sanctions being imposed on Iran would amount to the "greatest financial offensive" ever.
Source: [CBS News](https://www.cbsnews.com/live-updates/iran-war-us-trump-sanctions-strait-of-hormuz/)
Treasury Secretary Scott Bessent is due to unveil details of the US plan to economically isolate Iran and its trading partners during a press conference Monday. Tyler Kendall reports on Bloomberg Television.
Today, Treasury Secretary Scott Bessent is set to announce details on new economic pressures on Iran. And, Canada has vowed to impose retaliatory tariffs against the U. S.
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