India, Aug. 29 -- The US-Israel-Iran conflict is entering a new economic phase as Washington intensifies pressure on Tehran after months of military confrontation and stalled diplomacy. The Trump administration is now focusing heavily on Iran's access to international banking, trade and foreign currency.

US Treasury Secretary Scott Bessent has described the campaign as an effort to sever the remaining financial lifelines supporting Tehran. Washington has warned countries and businesses that continue helping Iran could face consequences, while the latest measures have already targeted financial institutions linked to Iranian trade.

The latest escalation comes as Iran faces growing economic strain and the conflict reaches its six-month ma...