U.S. On Economic D Day It Announces Sanctions Against Iran
The Grand Bazaar in Tehran last month.Credit...Arash Khamooshi/Polaris for The New York Times 5 hours ago Alan Rappeport Reporting from Washington New York Times Middle East: Treasury Secretary Scott Bessent is expected to outline on Monday new measures to isolate Iran’s economy, which is already in free fall because of the war and U.S. sanctions pressure. Esmail Baghaei, Iran’s foreign ministry spokesman, said the Trump administration was “repeating methods that have proven unsuccessful” as it seeks to pressure Tehran to negotiate an end to the war. Read more › South Korea: The United States canceled a joint amphibious landing exercise with South Korean forces that had been set for next month, citing resource constraints driven by the war in Iran, the South Korean military announced Monday. The U.S. military in Korea did not immediately comment on the announcement. Read more › Middle East Alan Rappeport Aug. 24, 2026, 4:59 a.m. ET5 hours ago Alan RappeportRe...