the news now

The world's news, cross-checked among reputable sources.

This is a new development in a story we have covered before · earlier coverage

Trump Administration to Sanction Large Bank on Monday to Pressure Iran

3 sources across 3 countries · Brazil · Israel · United Kingdom

Who reported this

  • CNN Brasil Brazil · Centre · Rubens Menin (MRV)
  • The Jerusalem Post Israel · Centre-right · Mirkaei Tikshoret (Eli Azur)
  • Reuters United Kingdom · Centre · Thomson Reuters Corporation

What the colours mean

  • Left
  • Centre-left
  • Centre
  • Centre-right
  • Right
  • A hatched block means the outlet is affiliated with, or controlled by, a state.

Political lean describes where an outlet sits within the politics of its own country. It is never a position on a single global scale.

Political lean is comparable inside one country and not across them, which is why the bar groups by country first. Publicly funded broadcasters are not marked as state-linked.

The owner of each outlet is listed as a matter of record, not as a judgement about the outlet.

US Treasury Secretary Scott Bessent announced on Thursday that the Trump administration will impose sanctions on a large, unidentified bank this coming Monday. The move is part of an ongoing effort to apply economic pressure on Tehran to end a conflict between the United States and Iran that has lasted more than six months. Bessent stated during an appearance on Real America's Voice that the action was originally planned for Friday but was delayed to respect ceremonies marking the 25th anniversary of the September 11, 2001, attacks.

Bessent warned that the administration will continue this process until all parties stop dealing with the Iranian regime. He stated that the government intends to make such dealings so unprofitable that they could result in an extinction level event for a company or an individual's personal finances. Since the conflict began in February, the United States has targeted oil exports, shipping networks, weapons procurement, financial intermediaries, digital asset exchanges, and aviation links.

Last month, the administration intensified its campaign by imposing sanctions on nearly 60 entities, individuals, and vessels. These measures expanded secondary sanctions on those doing business with Iran in sectors such as technology, gold, shipping, and aviation. One source describes this escalation as Operation Economic Outcast. Despite these measures, President Donald Trump predicted on Wednesday that the war will not end before the US midterm elections in November.

How each side framed it

Centre
The center leaning coverage focused on the timeline of the sanctions and the broader context of the ongoing conflict.
Centre-right
The center right leaning coverage highlighted the specific name of the campaign as Operation Economic Outcast.

Sources

100% of the statements in this article were traced back to the source articles listed above.