US unveils ‘economic D-Day’ of sanctions to isolate Iran
The U.S. announced an expansion of secondary sanctions it hopes will “sever every economic lifeline” sustaining Iran, as the Trump administration struggles to resolve an unpopular war that has pushed energy prices higher.
Treasury Secretary Scott Bessent unveiled what he described as an “economic D-Day,” giving a final warning to countries to cut their business ties with Iran or risk having key companies and entities cut off from the dollar-based financial system.
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