‘Economic D-day’: How desperate is Trump to end Iran war? - The Latest
Headline from The Guardian, on the newest of 2 developments
The White House has threatened sanctions on any country that trades with Iran in another bid to economically isolate the country, as US military efforts falter. Launching what he called Operation Economic Outcast, the US Treasury secretary, Scott Bessent, compared it with D-day.
The Guardian's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Trump last week threatened to target Iran with "crushing" economic sanctions, and he threatened severe financial penalties against any nation that helps Iran skirt the sanctions.
By David Lawder, Asif Shahzad and Ariba Shahid WASHINGTON/ISLAMABAD, Aug 24 (Reuters) - The United States was set to warn countries to cut ties with Iran or risk their businesses being cut off from the dollar-based financial system when it unveils the "greatest financial offensive ever" on Monday, a…
By Yasmine Ghania and Kanishka Singh CAIRO/WASHINGTON, Aug 24 (Reuters) - The U.S. threatened Iran with what it called "the greatest financial offensive ever marshalled" as it prepared to roll out economic sanctions on Monday that target Iran's trade partners.
Treasury Secretary Scott Bessent said that the crushing “economic D-Day” sanctions being unleashed against Iran on Monday will be “the single greatest financial offensive ever marshaled against an adversary.
Americans are bracing for the potential impact on oil and gas prices as President Donald Trump prepares to unveil his “economic D-Day” sanctions on Iran. It comes as fallout from the administration’s intensifying trade war with Canada grows.
In what Donald Trump has called "economic D-Day," the US says the new economic sanctions will be "the single greatest financial offensive ever marshaled." Tehran says any support of the measures is an "act of war."
The Trump administration is expected to announce new sanctions against Iran meant to add economic pressure and bring Tehran back to the negotiating table. CBS News' Courtney Kealy has more.
The Trump administration is ramping up its pressure campaign against Iran on Monday, with Treasury Secretary Scott Bessent set to unveil new sanctions in what has been dubbed an “economic D-Day." The operation is aimed at crippling Tehran’s economy and squeezing allies that continue to support the I…
Treasury Secretary Scott Bessent will announce massive new sanctions against Iran on Monday, a move he likened to “economic D-Day.” In an op-ed published in the Financial Times, Bessent said he is launching the “single greatest financial offensive ever marshalled against an adversary.
President Donald Trump is seeking to increase the financial pressure on Iran with new secondary sanctions on nations and foreign actors propping up the regime’s economy as the war between the United States and Tehran nears the six-month mark.
Treasury Secretary Scott Bessent on Monday afternoon will unveil new sanctions on Iran, escalating the Trump administration's pressure on the Islamic Republic to negotiate a deal to end the conflict and fully reopen the Strait of Hormuz.
Treasury Secretary Scott Bessent struggled to explain how the Trump administration’s vague, toothless threat of more sanctions against Iran—which the president is calling an “economic D-Day”—was anything like the actual D-Day. Bessent held a Monday afternoon press conference to make himself known.
