US Treasury Secretary Scott Bessent warned of an "economic D‑Day," the most powerful financial assault ever mounted against a foe. Iran retaliated, vowing to halt all Gulf oil exports if the economic war persists.

  • The United States is preparing fresh sanctions targeting Iran’s trade partners.
  • Iran has pledged to stop all oil shipments from the Persian Gulf if the economic conflict continues.
  • The Trump administration is shifting to an all‑economic pressure strategy, sidelining direct military action.

Washington (The Hindu) – US Treasury Secretary Scott Bessent announced an "economic D‑Day," calling it the single greatest financial offensive ever marshaled against an adversary. The warning came as Iran’s president and security council officials vowed to shut down every Gulf oil export if Washington’s pressure does not cease.

In a post on X, Bessent wrote, "President Trump has dismantled Iran’s military capabilities; now we are entering the endgame. At dawn begins an economic D‑Day — the single greatest financial offensive ever marshaled against an adversary." He added that the objective is to sever every economic lifeline keeping the tyrannical regime afloat.

Read Also:Hundreds of Children Participate in Mass Swimming Class on Gaza’s Shore

Iran’s foreign minister Abbas Araghchi dismissed the looming measures as repetitive scenarios, labeling the US shift from military to economic tactics as a sign of desperation. Meanwhile, Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, warned, "If the economic war continues, not a single drop of oil will be exported, neither through the Strait of Hormuz nor from anywhere in the Persian Gulf."

President Donald Trump has already threatened to penalize any nation that provides a "lifeline" to Tehran, urging China— which purchases over 80 % of Iran’s shipped oil according to 2025 Kpler data— to cooperate with Washington.

Bessent is slated to hold a press conference at 1 p.m. EDT (1700 GMT) on Monday, where he is expected to unveil even harsher measures. This marks the latest escalation in a sanctions regime that has been in place almost continuously since the 1979 Islamic Revolution.

Why This Matters

BozokMedia analysis shows that a coordinated economic offensive of this magnitude could reshape global oil markets, force regional allies to choose sides, and set a precedent for using financial tools as primary instruments of geopolitical coercion.

"Economic warfare, when wielded with multilateral coordination, can achieve strategic objectives faster than conventional military campaigns," says Dr. Leila Farhadi, senior fellow at the Center for International Economics.
Did You Know?: The last time the U.S. imposed a comparable economic blockade on a sovereign state was during the 1990‑91 Gulf War against Iraq.

Frequently Asked Questions

Q1: Will the new sanctions further cripple Iran’s economy?
Analysts estimate that a complete oil export halt could slash Iran’s state revenue by up to 30 %, intensifying inflation and currency depreciation.

Q2: Are other countries likely to join the US economic offensive?
While the UN and EU have not formally endorsed the measures, signals of possible coordination with China and Russia have emerged.