Treasury Secretary Scott Bessent to unveil new economic sanctions on Iran
Center (2)
Watch live: Bessent unveils ‘economic D-day’ sanctions on Iran
Treasury Secretary Scott Bessent on Monday afternoon will unveil new sanctions on Iran, escalating the Trump administration’s pressure on the Islamic Republic to negotiate a deal to end the conflict and fully reopen the Strait of Hormuz. President Trump warned last week that Iran would face an “economic D-day” if it does not agree to…
Aug 24, 2026
Iran faces 'economic D-Day', US treasury secretary warns
Scott Bessent says the US will sever all economic ties with the country and that any nation partnering with Iran financially will also be isolated.
Aug 24, 2026
Right (2)
Scott Bessent unleashes ‘Economic D-Day’ in new US sanctions push against Iran
Treasury Secretary Scott Bessent warned that countries and companies continuing to do business with Iran could be cut off from the US dollar-based financial system. The move marks a major escalation in Washington’s economic pressure campaign as the Trump administration seeks to force Tehran to end attacks on shipping in the Gulf and Red Sea.
Aug 25, 2026
Bessent says goal of ‘D-Day’ sanctions on Iran is ‘economic asphyxiation’
Treasury Secretary Scott Bessent unveiled new economic penalties and sanctions against Iran and the countries and foreign actors propping up the regime’s war machine. Bessent told reporters at a Monday press conference that the sanctions will target Iran’s ability to exploit “digital assets, technology, gold, aviation, and shipping.” The Treasury Department additionally designated nearly 60 […]
Aug 24, 2026