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Iran war live: US slaps new sanctions on Iran, warns Tehran trade partners

24 August 2026

This content originally appeared on Al Jazeera.

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A woman buys fruits from a store in Tehran on August 24, 2026. Iran responded with defiance on August 24 to a US threat of the "single greatest financial offensive ever", saying it was an admission of military defeat and warning countries against aiding Washington. (Photo by AFP) /

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Al Jazeera Live

By Chris Hamill-Stewart and Rached El-Moctar

Published On 25 Aug 202625 Aug 2026

US Treasury Secretary Scott Bessent has announced that Washington is imposing new sanctions on Tehran to sever all financial support for the regime, adding that President Donald Trump is urging US allies to support the measures.
According to US officials, the new sanctions will target five vital sectors: digital assets, technology, gold, aviation, and shipping, alongside oil revenue and 60 entities, vessels, and individuals accused of enabling the regime.

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