Threat of "D-Day" repeated - details to be provided tonight
The threat that the US is preparing an "economic D-Day" against Iran is repeated by Treasury Secretary Scott Bessent in an opinion piece in the Financial Times.
"The world must understand that our goal is to cut off every economic lifeline that keeps the tyrannical regime under its arms, until Tehran stands alone," he writes without giving specific details.
CNN has contacted the minister, who does not want to comment on the threat but refers to a press conference scheduled for 8 p.m. on Monday, Swedish time.
The move weighed on Asian stock markets overnight and in the morning and has caused oil prices to fall.
Donald Trump threatened to sharply escalate sanctions against Iran in the middle of last week. Iran has dismissed the plan as “economic terrorism.”
Pakistan's Army Chief to Visit Iran on Monday
Pakistan's Army Chief Asim Munir is visiting Tehran on Monday in what is believed to be an attempt to revive talks between Iran and the United States.
The trip is part of "Pakistan's ongoing efforts to support peace and security in the region," according to Foreign Ministry spokesman Esmail Baqaei.
Expert: Stricter Control More Likely Than New Sanctions
The United States is more likely to tighten its existing sanctions on Iran than to impose new ones, former Treasury Department official Miad Maleki told CNN. He believes that no country has been hit with as many sanctions as Iran.
- I would say we have reached maximum capacity, but we are not applying maximum pressure.
Donald Trump has promised to unveil historically strong sanctions on Monday that will put pressure on Iran. The president calls Monday "an economic D-Day."
There are few details about the economic measures, but they are expected to target, among other things, countries that support Iran.
måndag 24 augusti 2026
Middle East Crisis Iran War
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