Bessent declares economic 'D-Day' against Iran

JUST IN: Treasury Secretary Scott Bessent has declared an economic "D-Day" against Iran, saying the U.S. will begin an effort to cut off financial lifelines supporting the Iranian government starting tomorrow.
The announcement signals another escalation in Washington's economic pressure campaign alongside the ongoing geopolitical confrontation.
Markets will be watching for the scope of the measures, particularly any sanctions affecting Iranian energy exports, shipping, banking or countries continuing to trade with Iran.
Those details could have direct implications for oil prices and broader global risk sentiment.