US Treasury warns of imminent economic sanctions on Iran

US Treasury Secretary Scott Bessent warned on August 24, 2026, that an 'economic D-Day is coming for Iran,' previewing major new sanctions set to begin on Monday as the Trump administration escalates economic warfare against Tehran.

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Bessent doubles down on Trump warnings: 'Entering the endgame' on Iran

rss:thehillus_mainstream36d ago kagi ↗

Treasury Secretary Scott Bessent on Sunday previewed the Trump administration’s economic offensive against Iran, set to begin Monday. Echoing President Trump’s rhetoric on the military operations against the Islamic Republic, Bessent said the U.S. has “dismantled Iran’s capabilities, destroyed nearly 100 percent of its military factories, and buried its nuclear program.” The Treasury secretary wro