Bessent to Unveil 'Toughest Sanctions in History' on Iran Monday
- Treasury Secretary Scott Bessent is scheduled to hold a press conference at 2 p.m. EDT today to detail an 'economic D-Day' campaign, threatening unprecedented sanctions to isolate Iran and its economic partners.
- Since the United States and Israel launched a war on February 28, 2026, Iran has effectively blocked the Strait of Hormuz, halting shipping and pressuring its own economy.
- Targeting entities that provide cash transfers and oil purchase avenues, the administration warned that nations helping Iran will face "tremendous economic consequences" if they continue providing lifelines.
- Last week, the United Arab Emirates severed economic ties with Iran, while Iranian officials dismissed the threats as "economic terrorism" and vowed to retaliate against neighbors joining the campaign.
- China, purchasing more than 80% of Iran's shipped oil, has criticized the initiative, arguing that sanctions will not resolve regional tensions while analysts question if pressure forces capitulation.
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The United States is introducing new economic sanctions against Iran on Monday, which are being compared to an invasion. Iran is facing collapse, claims US President Donald Trump.
This is what the president wrote on his Social Truth network.He did it moments before an aggressive package of new economic sanctions against Tehran was announced in Washington.
Iran warns of every "complicity with America". The USA will present their next steps in the "Economic War". News in the blog.
US warns of ‘economic D-Day’ against Iran
The US warned of an impending “economic D-Day” against Iran that could envelop some of Washington’s allies and trading partners. The US Treasury secretary will today unveil a raft of measures against Tehran and its financial and commercial “enablers,” he wrote in the Financial Times. Diplomacy is ostensibly still underway — Pakistan’s leader is due in Iran today, Oman’s foreign minister tomorrow — and Iran’s politicians have called for an end to…
Trump is intensifying the economic war against Iran. How expensive is it, who will last longer – and why are Germany threatening higher energy prices?
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