US 'Economic D-Day' Begins As Trump Administration Enters 'Endgame' Against Iran, Vows To Sever Tehran's Financial Lifelines | Video
Washington DC: US Treasury Secretary Scott Bessent on Sunday (local time) said that the Trump administration is entering the "endgame" in its campaign against Iran, announcing what he called an "economic D-Day" aimed at severing Iran's economic lifelines. Read my full thoughts in the @FT : https://t.co/0Vi0O3aPsP — Treasury Secretary Scott Bessent (@SecScottBessent) August 23, 2026 In a post on…
US Treasury Secretary Scott Bessent declared Sunday as an "economic D-Day" in the administration's campaign against Iran, aiming to sever the Islamic Republic's financial lifelines. Bessent claimed that President Trump had dismantled Iran's military infrastructure and terminated its nuclear program, heralding the start of the "single greatest financial offensive ever marshaled against an adversary."
Bessent accused Iran of employing security guarantees as a form of extortion, stating Tehran relied on the expectation of Iranian retaliation being certain while American enforcement remained negotiable. He emphasized that Iran subsisted by fabricating security guarantees into a perceived certainty, drawing strength from the belief that retaliation would always be possible and American enforcement could be negotiated.
Bessent further alleged that Trump had established conditions for the US government to employ its full range of authorities against Iran. Iran's Supreme National Security Council Secretary Mohsen Rezaei warned Tehran could halt oil exports through the Strait of Hormuz and other Gulf waters if the US economic warfare continued, threatening any country supporting or participating in the attack as an act of war. The warning came amid tensions over US plans for tougher economic measures against Iran.
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