US Threatens Economic Sanctions on Iran Amid Rising Tensions

The US has threatened 'economic D-Day' for Iran as tensions between the two nations escalate. The warning comes as Iran's President Ebrahim Raisi said his country would stop selling oil to Gulf countries if sanctions are imposed.

The threat of economic sanctions follows the recent drone attack on an Iranian military facility and the seizure of a US Navy patrol boat by Iran. Oil prices have risen in response, with gold also gaining as investors seek safe-haven assets.

Samsung shares fell 8% after the company's record return plan was met with disappointment.