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WorldIran faces ‘economic D-Day’, US treasury secretary warns

US Treasury Secretary Scott Bessent warned that Washington would sever all economic ties with Iran and isolate countries that partner with it financially, calling the planned pressure the “single greatest financial offensive ever”. Iran dismissed the threat, saying it could halt regional oil exports if the war continues, and warned shipping not to cross the Strait of Hormuz without permission.

IranUS sanctionsStrait of Hormuzeconomic pressure

BBBC News★★★★☆2026-08-24 10:39Original

Iran faces ‘economic D-Day’, US treasury secretary warns
Iran faces ‘economic D-Day’, US treasury secretary warnsWorld