US treasury secretary: more sanctions on Iran possible as pressure continues

US Treasury Secretary Scott Beisent said on Thursday that the United States will continue to pressure Iran and will not hesitate to impose additional sanctions on Iranian banks.

In an interview with CNBC, Beisent said Iran had caused a shock in energy markets, but stressed that the United States would be able to overcome its impact.

The treasury secretary also noted that with gasoline prices falling, it is likely that next week's inflation data will show reassuring figures.

Beisent added that he would not yield to Iranian threats against his life, after recently relocating from his residence in Washington, D.C., to a US military base.