US announces new sanctions on Iran, targeting 60 entities

The United States announced new sanctions against Iran on Monday, targeting approximately 60 individuals, entities, and vessels linked to the Iranian government. The measures are part of an "economic war" declared by President Donald Trump to pressure Tehran. The US Treasury Department sanctioned entities operating in nuclear energy, missile production, cyber, and oil sectors. Treasury Secretary Scott Bessent warned that countries continuing economic transactions with Iran face consequences, stating Trump is urging world leaders to cease interactions with Tehran. Washington also threatened Iran's neighbors with sanctions if they maintain trade ties, aiming to isolate the country. Iran's Foreign Ministry responded that neighboring countries joining the US pressure campaign could face "consequences."