US announces economic D-day and harshest sanctions ever | DW News
Nearly six months into the war with Iran, US Treasury Secretary Scott Bessent has announced a sweeping new sanctions campaign. This time the US is targeting Iran’s economic ties with the rest of the world. The Trump administration is threatening every country that continues to do business with Iran with secondary sanctions. Washington is seeking to increase the pressure on Tehran and is targeting five of Iran’s most vital lifelines: digital assents, technology, gold, aviation and shipping.
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Chapters:
00:00 ‘Economic D-Day’ for Iran?
00:40 US Treasury Secretary Scott Bessent threatening other countries
01:30 Overview of new sanctions
01:58 Introducing Hussein Banai, an associate professor of global and international studies at Indiana University
03:49 Countries targeted by US administration
04:55 Strategic confusion – shift to economic sanctions because military action failed
08:25 Role of China
10:24 Impact on neighboring countries
11:55 Oil production and the strait of Hormuz
12:47 Possible outcome of these new sanctions
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