US-Iran Economic Showdown Looms Amid Fresh Sanctions Threat
The US and Iran are heading towards an economic showdown as Washington prepares to roll out fresh sanctions targeting Tehran. Iranian officials have threatened to shut down oil exports from the Persian Gulf if the US continues its 'economic war' against Iran.
Mohsen Rezaei, secretary of Iran's Supreme National Security Council, warned that not a single drop of oil would be exported through the Strait of Hormuz or anywhere in the Persian Gulf if the economic war continues. He stated that Iran will regard any country's participation in or support for America's economic war against the Iranian people as an act of war.
US Treasury Secretary Scott Bessent described Trump's plan as 'economic D-Day,' a single greatest financial offensive ever marshaled against an adversary. The US is seeking to cut off financial channels supporting the Iranian government and sever every economic lifeline that sustains the tyrannical regime until Tehran stands alone.