Trump to lay out economic D-Day sanctions amid Iran threats

WorldPolitics
24 Aug 2026 • 3:13 PM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

Trump to lay out economic D-Day sanctions amid Iran threats

  • Donald Trump’s administration is preparing to launch an economic D-Day sanctions programme against Iran.
  • US Treasury Secretary Scott Bessent described the measure as the greatest financial offensive ever marshalled against an adversary.
  • Donald Trump pledged to wage economic warfare and isolation on an unprecedented scale with the toughest sanctions in history.
  • Iran’s security chief Mohsen Rezaei warned that the US actions would be met with an earthquake-like confrontation.
  • Tehran threatened to block oil exports from the Persian Gulf and Strait of Hormuz if neighbouring countries assist the US.

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