US Treasury Secretary Scott Bessent has warned in an op-ed that an “economic D-Day” is coming for Iran, stopping short of giving further details. “Now we are entering the endgame. At dawn begins an economic D-Day — the single greatest financial offensive ever marshalled against an adversary,” he wrote in the Financial Times ahead of a scheduled news conference today.
The US has been imposing sanctions on Iran since 1979, after the US embassy in Tehran was seized following the Iranian Revolution, according to the US State Department.
0:00 Treasury Sec. Scott Bessent to unveil "economic D-Day" sanctions vs. Iran
3:50 Breaking down the current sanctions against Iran, some in place since 1979
4:17 Iranian government response: "Our retaliation will be seismic"
6:43 Sen. Majority Whip John Barrasso (R-WY) on how these sanctions are different
7:05 CNN political & national security analyst David Sanger on the "great experiment" of enhanced sanctions
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