US Treasury Secretary Scott Bessent has declared an “economic D-Day” against Iran, saying Washington will use its full economic powers to cut Tehran’s remaining lifelines. Iran has responded with a threat to halt oil exports through the Persian Gulf and the Strait of Hormuz if the US campaign continues.
Bessent said the Trump administration is moving into what he called the “endgame” of its campaign against Iran. He said the US would use every available agency and authority to increase pressure on Tehran.
In a post on X, Bessent said, “President Trump has dismantled Iran’s military capabilities, destroyed nearly 100 percent of its military factories, and buried its nuclear program.”
Bessent wrote, “President Trump has dismantled Iran’s military capabilities, destroyed nearly 100% of its military factories, and buried its nuclear programme.
Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, said Tehran could stop all oil exports from the Persian Gulf if US economic pressure continues. Iran will regard any country’s participation in or support for America’s economic war against the Iranian people as an act of war,” Rezaei said. Foreign Minister Abbas Araqchi said the threatened sanctions showed US desperation and argued that they would not defeat Tehran. Iran in turn vowed to shut down all oil exports from the Gulf “if the economic war continues”. And those who fear the danger of defying Tehran ought not to discount the cost of testing Washington,” he said.
Iran has responded with a direct warning over the impact of the US economic campaign. “If the economic war continues, not a single drop of oil will be exported. neither through the Strait of Hormuz nor from anywhere in the Persian Gulf. Iranian officials have rejected Washington’s pressure campaign. Iranian officials have also stressed that the country has lived under sanctions for decades. Treasury Secretary Scott Bessent has warned Iran of an economic D-Day, as it prepared to roll out economic sanctions that target Iran’s trade partners. The remarks followed shortly after Iran’s President Masoud Pezeshkian defended a memorandum of understanding with the United States as the best way out of a stalled war. We are now entering the endgame. At dawn begins an economic D-Day — the single greatest financial offensive ever marshaled against an adversary. It has drawn strength from a calculus that regards Iranian retaliation as certain and American enforcement as negotiable. Under President Trump, that era is over.
Earlier reporting noted: ‘Economic D-Day’: U.S. threatens Iran with new sanctions, Tehran fires back U.S. Earlier reporting noted: In a post on X, Mr. Earlier reporting noted: “The Islamic Republic has subsisted by dressing extortion as security guarantees.
He said the goal was to cut the economic links that continue to support Iran and leave Tehran isolated. “Our objective is to sever every economic lifeline that sustains the tyrannical regime until Tehran stands alone,” Bessent said. The planned measures are expected to target Iran’s trade partners and other entities that help maintain its economic links with the outside world. Bessent also credited President Donald Trump with creating the conditions for Washington to use wider economic powers against Iran. He repeated the administration’s claims that US military action has severely damaged Iran’s military and nuclear capabilities.
