US threatens 'economic D-Day' sanctions on Iran
2026-08-25 10:23:39 source：CGTN
August 25, 2026
US Treasury Secretary Scott Bessent on Monday threatened Iran with "an economic D-Day," announcing a wave of new sanctions aimed at further isolating the country.
"We are launching an economic onslaught against Iran's financial connections around the globe," said Bessent at a press conference. "Our objective is to sever every economic lifeline" that sustains the country, he said.
The US Treasury Department said in a press release that the new sectoral sanctions determinations target five critical sectors – digital assets, technology, gold, aviation and shipping – that the US says Iran has relied on to prop up its economy.
Read more: