Bessent Threatens Iran with Economic D-Day Amid Oil Export Warning

US Treasury Secretary Scott Bessent warned Iran of 'the greatest financial offensive ever marshalled' as Washington prepares to roll out economic sanctions targeting its trade partners.

The move aims to give countries a final warning to sever their business ties with Iran, increasing economic pressure on Tehran. The US will broaden the scope of secondary sanctions on entities and countries that maintain business ties with Iran, cutting them off from the dollar-based financial system.

Iran vows to shut down all oil exports from the Gulf 'if the economic war continues.'