Nigeria, Aug. 26 -- On Monday, the US threatened new rounds of sanctions against Iran. It made it clear that the goal was to isolate Iran and weaken its already battered economy.

President Donald Trump intends to increase economic pressure on Tehran to get an edge in the six-month-long war, which began in February with an unprovoked US and Israeli strike that killed the former Supreme Leader Ali Khamenei and 165 schoolgirls and teachers.

On Monday, US Treasury Secretary Scott Bessent warned of a US plan to cut ties with countries doing business with Iran and cut their businesses off from the dollar-based financial system.

He dubbed this "Operation Economic Outcast" and described it as the "greatest financial offensive ever."

Experts s...