- The U.S. will be applying economic measures “that have never been seen on Iran,” according to Treasury Secretary Scott Bessent.
- This will be in conjunction with the military blockade imposed by Washington.
- Defense Secretary Pete Hegseth said the U.S. can keep a naval blockade of Iran going “indefinitely.”
- The USS George Washington is reportedly on the way to relieve the USS Abraham Lincoln, which has been the subject of reports about poor conditions.
Treasury Secretary Scott Bessent speaking with CNBC on Aug. 4th, 2026.
CNBC
The U.S. will be applying economic measures “that have never been seen on Iran,”
“It will be a combination of economic isolation like the world has never seen before, and the continued blockade in the Strait of Hormuz that will keep anything from going in or out of the Iranian ports,” Bessent said in an interview with Newsmax, without elaborating further
His statements come as U.S. Defense Secretary Pete Hegseth reportedly said late Thursday stateside that the U.S. military can keep a naval blockade of Iran going “indefinitely.” The Navy will rotate ships in and out “as we have, and we’ll continue to,” Hegseth told reporters
Media reports have said that the U.S. aircraft carrier USS George Washington was headed to replace the USS Abraham Lincoln, which has been deployed for over 250 days in the Middle East. Its deployment had been expected to end in May
The George Washington strike group departed Vietnam on Aug. 12, the Navy said in a statement
Hegseth also told reporters that reports about poor conditions aboard the Lincoln, including food shortages, declining morale, and even attempts by sailors to jump overboard, were “completely misrepresented.”
After Hegseth’s comments, Rep. Mike Levin (D-Calif.) said on X that he had sent a letter to Hegseth and Acting Secretary of the Navy Hung Cao to express serious concerns about conditions aboard the Lincoln. “The reports coming from military families and loved ones about the conditions aboard the USS Lincoln are simply unacceptable. Reports include concerns of moldy showers, broken toilets, lack of hot water, lack of access to fresh produce, and supply shortages,” the letter said
Sailors and marines are also said to have an “overwhelming workload,” which is contributing to “extreme fatigue and burnout,” it said
In a post on X, U.S. Central Command said that reports alleging a brawl aboard the carrier were false, and that no service members have died
This came after Iranian media claimed on Tuesday that seven U.S. Navy personnel have been killed and several wounded “in a violent clash” on the Lincoln
