infinitenewsno algorithms. no accounts. just news.

Bessent warns 'economic D-Day' coming for Iran in Financial Times op-ed

Mountain Time
Local time
6:00 AM in New York
Where
Washington, D.C., United States

In a Financial Times op-ed, Treasury Secretary Scott Bessent wrote that 'at dawn begins an economic D-Day — the single greatest financial offensive ever marshalled against an adversary,' aimed at severing 'every economic lifeline' of the regime, and warned countries that buy and ship Iran's oil or let their banks be used. He gave no details ahead of a news conference set for Monday at 2 p.m. ET.

Why it matters

Bessent also warned that if Iran answered economic measures militarily, Trump would 'respond swiftly and decisively.'

Sources (4)

  • CNNcnn.com
  • Axiosaxios.com
  • CNN (2)cnn.comPublished
  • CNN (3)cnn.comPublished

Confidence: Stated by a named government, military, or institution. Not independently confirmed. About confidence labels

Correction

  • Revised the summary; revised the context note; changed the confidence label from reported to official; reclassified it from diplomatic-economic to sanctions; updated the sourcing note; added 2 sources: CNN. Why and evidence