US Treasury Secretary Bessent Announces Economic Isolation and Hormuz Strait Blockade to Cut Off All Port

US Treasury Secretary Bessent said on the evening of August 13 local time that the United States will impose 'unprecedented' measures on Iran. In an interview, Bessent said the measures would combine unprecedented economic isolation with a sustained blockade of the Strait of Hormuz, thereby cutting off all entry and exit channels at Iranian ports. He also said that more related announcements would be released next week.