business
Trump is trying to tighten the screws on an Iran numb to economic pain
Summary by The El Paso Editorial Desk CNN Newsource , as published by KVIA ABC-7
· August 24, 2026
· 1 min read
Photo: KVIA ABC-7 · view original
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Summary created by The El Paso Editorial Desk — automated, rule-governed Byline on source page CNN Newsource, as published by KVIA ABC-7 Original story Read at the source Source published Aug 24, 2026 Indexed here Aug 24, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points The US is preparing new measures, which will be announced at a news conference. President Donald Trump is taking steps to increase economic pressure on Iran.
President Donald Trump is taking steps to increase economic pressure on Iran. The US is preparing new measures, which will be announced at a news conference. Treasury Secretary Scott Bessent has promised that these will be the toughest sanctions in history.
Iran is already facing significant challenges due to years of sanctions and a military onslaught from the US and Israel. The country's own officials acknowledge that Iranians are suffering as a result of the economic, military, and security pressures.
Further details on the new sanctions are expected to be revealed in a news conference, which may provide more information on the impact of these measures on Iran.
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KVIA ABC-7 reported and published this story. The El Paso selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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As published by KVIA ABC-7 . The El Paso selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: business Published: August 24, 2026 Source: KVIA ABC-7 Reading time: 1 min
Frequently asked about this story
What is this story about? President Donald Trump is taking steps to increase economic pressure on Iran. The US is preparing new measures, which will be announced at a news conference. Treasury Secretary Scott Bessent has…
When was this published? This article was first published on August 24, 2026 by KVIA ABC-7 and curated for The El Paso readers.
Who reported this story? This story was reported by CNN Newsource at KVIA ABC-7. To learn more about how The El Paso selects and reviews stories, see our editorial standards .
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