Trump escalates sanctions against Iran with economic D-Day

In a significant escalation of economic pressure, the United States has expanded secondary sanctions against Iran. President Donald Trump announced these measures as the conflict with Iran nears its six-month mark, aiming to target countries and entities that maintain business ties with Tehran. U.S. Treasury Secretary Scott Bessent described the sanctions as an 'economic D-Day,' designed to cut off Iran's financial connections globally and isolate the regime amid severe economic distress.