US Treasury Secretary Scott Bessent has announced the launch of what he calls an 'economic D-Day' against Iran, describing the campaign as the single greatest financial offensive ever directed at an adversary, with further details due later on Monday.

Treasury Secretary Scott Bessent announces Economic D-Day against Iran, unveiling what he calls the toughest sanctions in history to sever all

The Trump administration calls this "economic D-Day" on Iran. Iran vows to respond to fresh sanctions in a "seismic manner."