US announces major economic offensive against Iran

US Treasury Secretary Scott Bessent has announced a new 'economic D-Day' campaign against Iran, marking a significant escalation in financial pressure on Tehran. Bessent claimed that Iran's military capabilities and nuclear program have been severely damaged following military actions ordered by President Donald Trump. This initiative signals Washington's intent to intensify economic and financial measures beyond military operations, aiming to dismantle Iran's economy through restrictions and sanctions. The announcement comes amidst heightened tensions and is expected to increase uncertainty over Iran’s economic future, raising concerns about potential further confrontation between the two nations.