President Donald Trump is increasing economic pressure on the Republic of Iran. The country is already weakened by years of sanctions and a military offensive by the US and Israel. Further measures are being prepared, to be announced in a press conference, which the Treasury Secretary promises will be the toughest sanctions in history.

Iran's own high-ranking officials admit that the country is suffering. The new sanctions come amid stalled conversations to end a six-month war and as Iran continues to cause global economic damage by disrupting maritime transport through the Strait of Hormuz.

More details on the situation and the upcoming sanctions are available from the source.