On August 24 (Washington time), according to TASS news agency quoting US Treasury Secretary Scott Bessent, countries that do not comply with new US sanctions against Iran may lose access to the USD.
Speaking to reporters, Mr. Bessent said that the US may use secondary sanctions against countries that do not implement its requests related to Iran.
Secondary sanctions are a very powerful tool," Mr. Bessent said, while noting that it is appropriate for the US to issue a warning in advance and clearly identify the requirements for other countries.
When asked why the US has not yet started implementing new sanctions, the US Treasury Secretary replied that the US does not want to disrupt the global financial system.
Mr. Bessent said that the US administration is ready to wait a while longer before implementing new measures. However, he also warned other countries that if Washington decides to act, this process could happen quickly.
According to him, relevant countries need to understand that the US is serious about the requests made and may use secondary sanctions if countries do not implement them.
The above statements were made in the context that the administration of US President Donald Trump is promoting measures to increase economic pressure on Iran. The US has previously warned countries and economic partners about the possibility of facing sanctions if they continue to maintain activities that the US considers to violate sanctions against Iran.
