US Treasury Department

Trump: Iran 'completely collapsing' as Treasury Sec. discusses 'economic D-Day'

Trump's post came as the US Treasury is expected to broaden the scope of secondary sanctions it can impose on entities and countries that maintain business ties with Iran.

US President Donald Trump speaks during a campaign rally for U.S. Senator Darline Graham (R-SC) at the Myrtle Beach Convention Center in Myrtle Beach, South Carolina, US, August 21, 2026.
The US Department of the Treasury Building in Washington, DC, US, July 11, 2026.

US national debt tops $40 trillion for first time, doubled under presidents Trump, Biden

Judge Tomoko Akane arrives prior to the announcement of the International Criminal Court (ICC) verdict that sentenced Malian Jihadist police chief Al Hassan Ag Abdoul Aziz Ag Mohamed Ag Mahmoud to 10 years in jail for war crimes and crimes against humanity.

US imposes sanctions on ICC President Tomoko Akane, Treasury Department confirms

An Oil tanker named Yu fu Zuo unload imported crude oil at the crude oil terminal of in Qingdao port, in China's eastern Shandong province on July 16, 2026.

China-based Hengli Group main importer of sanctioned Iranian crude oil, analysts say - report


Why did the US intervene to support Japan's struggling yen? - analysis

The intervention helped the currency gain around 5%, lifting it from nearly 164 yen per dollar to about 155.

This photo illustration taken on December 5, 2024 shows new Japanese 10,000 yen notes (currently worth approximately 66 USD), which were released in July 2024, on display in Tokyo; illustrative

US targets UAE-based crypto exchange over alleged Iran sanctions evasion scheme

“Treasury will hunt down and dismantle the illicit financial networks that keep the regime afloat,” Secretary of the Treasury Scott Bessent said in a statement.

 The bear market in crypto erased $2 trillion in market value and led to several bankruptcies among crypto firms like Celsius, Voyager Digital and Three Arrows Capital, among others.

Proposed Hormuz passage deal not feasible for shipping industry, sources say

Under the latest proposal, Tehran would be able to intervene if necessary with any inbound traffic, while outbound traffic would follow a route between Iran and Oman.

Ships and tankers in the Strait of Hormuz off the coast of Musandam, Oman, April 18, 2026.

US removes counterterrorism designation from IRGC-linked company

A Treasury Department official said that the removal of sanctions was not indicative of a shift in US policy towards Iran or the IRGC, or negotiations to end the conflict in the Middle East.

 The United States Department of the Treasury is seen in Washington, DC, US, August 30, 2020.

US Treasury sanctions networks supporting Iran’s Mahan Air, IRGC from India, China, Russia

Treasury Secretary Scott Bessent said those providing financial, logistical, or commercial support to the IRGC or Mahan Air are “helping sustain a terrorist enterprise."

An Iranian cleric walks past a billboard depicting a portrait of the former commander of the IRGC Aerospace Forces, Brigadier General Amir Ali Hajizadeh, on February 21, 2026.

New Iran-related sanctions targeting tankers issued by US Treasury Department

“With its economy in freefall and inflation in the triple digits, the regime is desperate for cash,” said Treasury Secretary Scott Bessent.

A ship remains anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran; Illustrative.

Four people, nine entities tied to Iran financial evasion network sanctioned by US Treasury

The Treasury further called for governments and financial institutions worldwide to avoid engaging with financial networks connected to Iran.

Mourners walk through Tehran's landmark Azadi Square ahead of the funeral procession of Iran's slain supreme leader Ali Khamenei and members of his family on July 6, 2026; Illustrative.

EU sanctions Iranian judges, leading cyber group figure, US sanctions Iranian financier

The Council said it had sanctioned Nima Salehi, the Iranian founder of the Ashiyane cyber group, which it said cooperates closely with the EU-listed Cyber Police (FATA) and the IRGC.

A VIEW from a drone shows the European Union flags outside the European Commission headquarters, known as the Berlaymont building in Brussels, in 2026.

US sanctions network accused of procuring weapons for IRGC as Iran ramps up strikes in Hormuz

Those targeted allegedly used aviation and logistics companies in Iran, Italy, and Russia to source arms and drone components in violation of renewed UN restrictions.

Treasury Secretary Scott Bessent (2nd-R) and Secretary of War Pete Hegseth (R) attend a meeting with U.S. President Donald Trump (L) and Prime Minister of Iraq Ali al-Zaidi in the Oval Office of the White House on July 14, 2026 in Washington, DC.

US issues general license for wind-down activities in Hormuz as new Iran sanctions imposed

According to the license, wind-down operations are permitted until September 12, and any payments made under the license must be made via specific protocols within the US.

This frame grab taken from AFPTV video footage on July 12, 2026 shows a cargo ship anchoring near the Strait of Hormuz off the eastern coast of the United Arab Emirates at Khor Fakkan.