Updated on: Aug 24, 2026, 23:29:10 IST By Durva More Prefer HTon Google Share via Copy link The US has stepped up pressure on Iran by announcing new sanctions as President Donald Trump says Iran is “collapsing.” The move comes as the two countries remain stuck without a wider peace deal, while separate talks over the Strait of Hormuz continue.

Treasury Secretary Scott Bessent called the sanctions the biggest financial attack ever against an enemy.

The US unveils new Iran sanctions as Trump says Iran is collapsing. (AP Photo/Meg Kinnard) ABOUT THE AUTHOR Durva More Durva More is a Senior Content Producer at Hindustan Times, where she covers finance, and global news.

She brings experience across digital and television journalism, with a strong focus on breaking news, business reporting, and international affairs.

Before joining Hindustan Times, Durva worked as an International News Writer at The Economic Times, covering a diverse range of subjects including global politics, business, sports, entertainment, and major world events.

She also worked as a Business Reporter with NDTV Profit.

A postgraduate diploma holder in Journalism from the Asian College of Journalism, Durva is passionate about field reporting and storytelling.

She thrives on the adrenaline of chasing stories, speaking with people from different walks of life, and amplifying voices that deserve to be heard.

Her reporting is driven by curiosity, accuracy, and a commitment to making complex subjects accessible to readers.

When she is not chasing stories or covering breaking news, Durva enjoys reading books and painting.

She loves exploring new ideas, meeting people, and learning about different perspectives.