Bessent accused Iran of using security guarantees as a form of "extortion" and said Tehran had relied on the expectation that Iranian retaliation was certain while US enforcement could be negotiated. (Bloomberg)

‘Entering endgame’: US treasury secretary Bessent announces ‘economic D-Day’ for Iran

The Trump administration is preparing what US Treasury Secretary Scott Bessent described as an “economic D-Day” against Iran, as Washington moves towards what it says will be its strongest financial campaign yet against Tehran. Bessent accused Iran of using security guarantees as a form of “extortion” and said Tehran had relied on the expectation that…

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