In late August, US Treasury Secretary Scott Bessent announced an 'Economic D-Day' against Iran that would place sanctions on all entities trading with the Islamic Republic.
In the latest episode of The Big Picture, Economics Editor at The Times Mehreen Khan explained why the new measures are unlikely to prove effective, and what the Iran war could mean for the future of sanctions.
Do US sanctions still work? In the latest episode of The Big Picture, Economics Editor at The Times Mehreen Khan explained why sanctions are less effective, and what the Iran war could mean for America's financial power. Watch the full episode on MEE's YouTube Channel. pic.twitter.com/XZoAwI7epx