Here’s How New U.S. Sanctions on Iran Could Actually Play Out

The U.S. announced secondary sanctions on any entities or countries that do business with Iran this week, but that proclamation might be more bark than bite. Treasury Secretary Scott Bessent declined to specify timelines or penalty details, prompting some doubt over the seriousness of his threat.

“Will the administration actually go ahead and do it? That is the ultimate question,” said Anthony Rapa, co-chair of Blank Rome’s international trade practice.

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"Here’s How New U.S. Sanctions on Iran Could Actually Play Out," by Sabrina Escobar was published in Barron's on August 27, 2026.