The Trump administration announces plans to expand secondary sanctions targeting entities and countries that do business with Iran, as the conflict with Iran nears its six-month mark. At a press conference, Treasury Secretary Scott Bessent describes the effort as an “economic onslaught,” and frames it as a major push against Iran’s financial links worldwide.

Multiple outlets report that the administration stops short of immediately imposing specific new penalties. Instead, it signals that additional sanctions could be imposed as part of a broader campaign to increase economic pressure on Tehran. The coverage links the announcement to Washington’s approach of using secondary measures to influence third countries’ and businesses’ dealings with Iran, while escalating pressure amid ongoing hostilities.

While one account emphasizes the “expansion” of the secondary sanctions the U.S. can impose, another stresses that the government holds off on penalties “for now,” suggesting the measures are presented both as a ratcheting-up of enforcement capacity and as a near-term warning to potential targets rather than an immediate, fully implemented set of actions.