US_ Treasury Escalates Iran Pressure Even as Trump Extends Ceasefire

NEWSMAX

Treasury Secretary Scott Bessent, left, alongside a scene last month in Tehran, Iran, after a building was damaged in Iran's war with the U.S. and Israel. (AP)

Treasury Escalates Iran Pressure Even as Trump Extends Ceasefire

VIDEO

By Newsmax Wires | Tuesday, 21 April 2026 07:04 PM EDT

The U.S. Treasury Department is escalating sanctions enforcement against Iran even as President Donald Trump has authorized an extension of a fragile ceasefire that was set to expire, according to a Newsmax report and a Truth Social post attributed to the president.

Treasury Secretary Scott Bessent said the department is intensifying what officials describe as a "maximum pressure" campaign — internally referred to as "Economic Fury" — aimed at constraining Iran's ability to generate, move, and repatriate revenue through oil exports and global financial networks.

Officials said the effort is focused on disrupting Tehran's maritime trade routes, which Washington considers a primary source of regime funding, and warned that vessels, companies, or intermediaries involved in sanctions evasion could face designation, asset freezes, and broader financial restrictions.

The Treasury also said it continues to target funds it characterizes as tied to corruption within Iran's leadership, as part of a broader effort to restrict illicit financial flows. The specific Economic Fury branding has not been independently verified.

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READ MORE: https://www.newsmax.com/us/iran-treasury-donald-trump/2026/04/21/id/1253726/

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