Iran has responded with a threat to halt oil exports through the Persian Gulf and the Strait of Hormuz if the US campaign continues.
US Treasury Secretary Scott Bessent has declared an “economic D-Day” against Iran, saying Washington will use its full economic powers to cut Tehran’s remaining lifelines.
Bessent said the Trump administration is moving into what he called the “endgame” of its campaign against Iran. He said the US would use every available agency and authority to increase pressure on Tehran. In a post on X, Bessent said, “President Trump has dismantled Iran’s military capabilities, destroyed nearly 100 percent of its military factories, and buried its nuclear program.”
“Importing frozen meat to fix meat prices. Okay, that might work. What’s the plan for bonds, import frozen yields? Frozen homebuyers for housing? Frozen paychecks for wages? A frozen foreign policy delivers a frozen economy. The only thing still moving? Treasury Secretary Scott Bessent has warned Iran of an economic D-Day, as it prepared to roll out economic sanctions that target Iran’s trade partners. The remarks followed shortly after Iran’s President Masoud Pezeshkian defended a memorandum of understanding with the United States as the best way out of a stalled war. We are now entering the endgame. At dawn begins an economic D-Day — the single greatest financial offensive ever marshaled against an adversary. It has drawn strength from a calculus that regards Iranian retaliation as certain and American enforcement as negotiable. Under President Trump, that era is over.
Bessent wrote, “President Trump has dismantled Iran’s military capabilities, destroyed nearly 100% of its military factories, and buried its nuclear programme.
The Iran boomerang,” he said. Iran in turn vowed to shut down all oil exports from the Gulf “if the economic war continues”. And those who fear the danger of defying Tehran ought not to discount the cost of testing Washington,” he said.
Earlier reporting noted: ‘Economic D-Day’: U.S. threatens Iran with new sanctions, Tehran fires back U.S. Earlier reporting noted: In a post on X, Mr. Earlier reporting noted: “The Islamic Republic has subsisted by dressing extortion as security guarantees.
Iran has responded with a direct warning over the impact of the US economic campaign. Iranian officials have rejected Washington’s pressure campaign. Iranian officials have also stressed that the country has lived under sanctions for decades.
Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, said Tehran could stop all oil exports from the Persian Gulf if US economic pressure continues. Foreign Minister Abbas Araqchi said the threatened sanctions showed US desperation and argued that they would not defeat Tehran.
New Measures Aim to Isolate Iran Economically
The United States is moving forward with plans to cut economic ties that support Iran, aiming to leave Tehran isolated. The upcoming measures will specifically target Iran’s trade partners and entities that help sustain its economic connections with the outside world.
Bessent, a key official in the administration, credited former President Donald Trump for establishing conditions that enhance Washington’s ability to deploy broader economic powers against Iran. He reiterated claims from the administration that U.S. military actions have significantly weakened Iran’s military and nuclear capabilities.
Bessent stated, “Our objective is to sever every economic lifeline that sustains the tyrannical regime until Tehran stands alone.”
