Bessent unveils sanctions designed to cripple Iran

Treasury Secretary Scott Bessent has announced a major new round of sanctions targeting entities doing business with Iran, aiming to intensify pressure on the Iranian regime without resorting to military action. Dubbed an "economic D-day," this strategy is designed to push Iran toward negotiations while it remains stuck in a stalemate with the U.S. These secondary sanctions are expected to be the primary tool in Washington's arsenal until a new agreement or significant policy shift occurs. The move underscores the ongoing tension and the U.S.'s intent to maintain economic leverage over Iran.