US vows 'economic D-Day' as Iran threatens to halt all oil exports

The United States is preparing a significant escalation in its economic pressure on Iran, with Treasury Secretary Scott Bessent describing it as the "greatest financial offensive ever marshalled" against an adversary. According to The Vibes and Hindustan Times, this move is part of the Trump administration's "endgame" in its campaign against Iran.

The new sanctions will target countries and businesses that continue to engage with Tehran's economy. The US Treasury Secretary signaled that Washington would target "fearful nations" that practice "appeasement" by engaging with Iran's economy and financial system, as reported by The Jakarta Post.

In response, Iran has threatened to shut down all oil exports from the Gulf if the economic war continues, as reported by Al-Monitor. The US administration's focus on economic pressure was also mentioned by CBS News, although it did not provide further details on the sanctions.

Brief written by urgent.news from The Jakarta Post, The Vibes, Hindustan Times - World News, Al-Monitor, CBS News — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.