‘Endgame’: US moves to cut Iran off from the world

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• Canada Class Action Lawsuit: $8.7 million settlement offers eligible Canadians up to $5, 000 – Check who qualifies and how to claim compensation.
• US Treasury Secretary Scott Bessent has declared an "economic D-Day" against Iran, saying Washington will employ its full range of powers to sever Tehran's economic lifelines.
• 'Entering the endgame': US Treasury Secy Bessent notes "economic D-Day" begins against Iran.
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• Quote of the Day by Charles Dickens: 'There are dark shadows on the earth, but its lights are.' – Value of hope after hardships.

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'Entering the endgame': US Treasury Secy Bessent notes "economic D-Day" begins against Iran. ANILast Updated: Aug 24, 2026, 06: 13: 00 AM IST.

US Treasury Secretary Scott Bessent has declared an "economic D-Day" against Iran, saying Washington will employ its full range of powers to sever Tehran's economic lifelines. Iran has threatened to halt oil exports through the Strait of Hormuz and called participation in the US campaign an act of war, escalating tensions.

Washington: US Treasury Secretary Scott Bessent on Sunday (local time) remarked that the Trump administration is entering the "endgame" in its campaign against Iran, announcing what he called an "economic D-Day" aimed at severing Iran's economic lifelines. In a post on X, Bessent remarked, "President Trump has dismantled Iran's military capabilities, destroyed nearly 100 percent of its military factories, and buried its nuclear program.": Trump's economic isolation plan risks Iran strikes throughout Gulf.

"We are now entering the endgame. At dawn begins an economic D-Day — the single greatest financial offensive ever marshaled against an adversary, " he remarked. Bessent accused Iran of using security guarantees as a form of "extortion" and remarked Tehran had relied on the expectation that Iranian retaliation was certain while US enforcement could be negotiated. Live Events.

"The Islamic Republic has subsisted by dressing extortion as security guarantees. It has drawn strength from a calculus that regards Iranian retaliation as certain and American enforcement as negotiable, " Bessent remarked. "Under President Trump, that era is over. And those who fear the danger of defying Tehran ought not to discount the cost of testing Washington, " he continued. Bessent remarked Trump had created the conditions for the US administration to deploy its full range of authorities against Iran. "The President has created the conditions to leverage every agency, every authority and action many assumed we would never summon, " he remarked. "Our objective is to sever every economic lifeline that sustains the tyrannical regime until Tehran stands alone, " Bessent continued. Meanwhile, Iran's Supreme National Security Council Secretary Mohsen Rezaei on Monday cautioned that Tehran could halt all oil exports through the Strait of Hormuz and elsewhere in the Persian Gulf if the United States' "economic war" against Iran continues. Rezaei, in a post on X, additionally cautioned that Iran would consider any country supporting or participating in the US economic campaign against Tehran to be an "act of war." "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. Iran will regard any country's participation in or backing for America's economic war against the Iranian residents as an act of war, " Rezaei noted. The warning comes against the backdrop of heightened tensions between Tehran and Washington over US aims for tougher economic measures against Iran. Earlier on Sunday, Iranian Parliament Speaker Mohammad Bagher Ghalibaf ridiculed the United States after the fresh economic sanctions threat by President Donald Trump, using satirical commentary to argue that heavy-handed economic restrictions ultimately backfire. In a post on X, Ghalibaf commented on the limitations of trying to manage deep-seated financial strain through short-term state interventions and shared a sarcastic take on how economic pressures play out.: Trump calls Strait of Hormuz 'American territory', warns Iran over nuclear arms "Importing frozen meat to fix meat rates. Okay, that might work. What's the plan for bonds, import frozen yields? Frozen homebuyers for housing? Frozen paychecks for wages? A frozen foreign policy delivers a frozen economy. The only thing still moving? The Iran boomerang, " he remarked. Meanwhile, according to Al Jazeera, Iranian Foreign Ministry spokesperson Esmaeil Baghaei additionally slammed US' sanctions threat and stated that war and sanctions are "not unfamiliar" to Iran. He observed that the Islamic Republic has been under sanctions for 20 years. Iran's rebuttal came after Trump on Wednesday confirmed what he called an "Economic D-Day" campaign against Iran, describing it as the "most crushing economic operation ever taken against any country." Trump stated the campaign would amount to "Economic Warfare and Isolation on an unprecedented scale" and called on US allies to join Washington in isolating Iran. Trump additionally stated Washington had "very draconian sanctions" available against Iran and indicated that extra measures could be unveiled. "We have things that we could sanction. We have particularly draconian sanctions, and we'll see what happens, " Trump stated while addressing technology leaders. He remarked Washington would determine its next course of action based on developments, adding that the situation could either result in a significant fall in oil costs or lead to a continuation of the existing measures. On Thursday (local time), US Treasury Secretary Scott Bessent additionally cautioned Iran of the "toughest sanctions in history", saying Washington will pursue coordinated economic isolation against Tehran and seek to "collapse this regime", Al Jazeera documented. He pressed US allies to join Washington in isolating Tehran, claiming that the measures would weaken Iran's ability to project influence globally. Bessent continued that a media conference on Monday, I.e August 24, would reveal "exactly what we're going to do" against Iran. Add Now!

Iran sanctionsTrump administrationeconomic warfareScott BessentUS TreasuryIran economic crisisStrait of Hormuzoil exportsMohsen Rezaei.

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