Summary
- In a statement, Bessent said the new economic offensive would target Iran’s financial and economic capabilities as Washington moves into what he called a decisive phase in its pressure campaign against Tehran.
- He claimed that nearly 100 percent of Iran’s military factories had been destroyed and said the country’s nuclear programme had effectively been “buried.” According to the US Treasury secretary, Washington now intends to intensify economic pressure on Iran alongside its military and strategic efforts.
- The latest statements signal a further escalation in Washington’s campaign against Iran, with the US administration seeking to combine financial pressure with measures aimed at weakening the country’s military and nuclear capabilities.
US Treasury Secretary Scott Bessent has announced the start of what he described as an “economic D-Day” against Iran, calling it one of the largest financial campaigns the United States has ever launched against an adversary.
In a statement, Bessent said the new economic offensive would target Iran’s financial and economic capabilities as Washington moves into what he called a decisive phase in its pressure campaign against Tehran.
Bessent also credited President Donald Trump with severely weakening Iran’s military infrastructure. He claimed that nearly 100 percent of Iran’s military factories had been destroyed and said the country’s nuclear programme had effectively been “buried.”
According to the US Treasury secretary, Washington now intends to intensify economic pressure on Iran alongside its military and strategic efforts. He said the United States would use financial measures to further restrict Iran’s ability to generate revenue, maintain military capabilities and support its strategic programmes.
The remarks come shortly after Trump warned that the United States was preparing an “economic war” against Iran. The US president also threatened countries and entities that provide Tehran with economic or financial assistance, warning that they could face serious economic consequences themselves.
Trump’s warning has raised concerns among governments and businesses that maintain economic ties with Iran. The threatened measures could potentially affect trade, financial transactions and other forms of economic cooperation with Tehran.
The latest statements signal a further escalation in Washington’s campaign against Iran, with the US administration seeking to combine financial pressure with measures aimed at weakening the country’s military and nuclear capabilities.
Iran has previously rejected US pressure and sanctions, maintaining that it will defend its national interests and sovereignty. The latest US measures could therefore further heighten tensions between Washington and Tehran and place additional pressure on countries dealing with Iran.
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