US Treasury Secretary Says Washington Entering 'Economic D-Day' Against Iran
Bessent said Washington will use full economic powers to isolate Tehran and target countries that buy or transport Iranian oil.
- On Monday, August 24, 2026, Treasury Secretary Scott Bessent announced an "economic D-Day" against Iran, warning of the "single greatest financial offensive ever marshaled" to sever Tehran's economic lifelines and isolate the regime through new sanctions on Iran and its trading partners.
- Washington's escalation follows the August 16 collapse of peace talks over Iran's nuclear program; ongoing U.S. blockades have restricted Iranian crude shipments, prompting Tehran to threaten retaliation against nations supporting America's economic measures.
- Bessent claimed President Donald Trump has "dismantled" Iran's military capabilities and destroyed nearly 100 percent of its military factories, while Iranian President Masoud Pezeshkian defended a recent memorandum on Saturday as the best available option for the nation.
- Secretary of Iran's Supreme National Security Council Mohsen Rezaee threatened to block oil shipments through the Strait of Hormuz if Iran faces economic isolation, while Bessent warned that nations purchasing Iranian petroleum now face U.S. consequences.
- Global energy markets face growing risks from Iran's potential response through increased violence, as experts remain uncertain whether the aggressive U.S. policy will prove effective in isolating Tehran long-term.
19 Articles
19 Articles
US Treasury Secretary announces unprecedented economic attack against Tehran, which will "put the game on the line" - Clear message to Tehran's allies
Pretrolio in decrease in beginning of week on the flare up of the crisis USA-Iran: the wti passes from hand to 85.61 dollars per barrel (- 1.67%), the brent is to 93,08 dollars per barrel (-1,39%). "We have now reached the decisive phase. (ANSA)
Bessent Says ‘Economic D-Day’ Coming for Iran as US Works to Sever Economic Lifelines
Treasury Secretary Scott Bessent warned on Aug. 23 that an “economic D-Day” is coming for the Iranian regime, with the United States taking strong measures to sever Tehran’s economic lifelines, including imposing consequences on Iran’s trade partners. Bessent said in a social media post that under President Donald Trump, the U.S. military has dismantled Iran’s military capabilities and destroyed nearly all of its military factories and buried it…
Treasury Secretary Bessent: Trump's 'Economic D-Day' on Iran to begin at dawn
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