Bessent vows ‘economic D-Day’ against Iran
U.S. Treasury Secretary Scott Bessent vowed an “economic D-Day” against Iran as Washington prepared to announce new sanctions targeting Tehran’s trading partners.
“At dawn begins an economic D-Day — the single greatest financial offensive ever marshalled against an adversary,” Bessent wrote in an opinion piece published by the Financial Times on Sunday.
Bessent provided few details but indicated that the campaign would target countries and entities that buy or transport Iranian oil, facilitate banking transactions or otherwise maintain financial and commercial links with Tehran.
He said Washington aimed to cut off every remaining economic lifeline to Iran. Bessent is expected to outline the measures at a news conference on Monday.
