Pakistan, Sept. 1 -- The United States (US) is likely to announce new sanctions against an Iranian bank this week. Treasury Secretary Scott Bessent confirmed the planned measures on Tuesday. He said Washington could announce another bank sanction next week. The move forms part of a wider US campaign to increase economic pressure on Iran. Meanwhile, Washington is consulting allies about additional measures against Iranian entities.

Bessent said the United States is also considering sanctions against airline leasing companies. He added that Washington could target businesses linked to Iran's Islamic Revolutionary Guard Corps. The Treasury Department is tracking assets connected to the IRGC, according to Bessent. He said the United States w...