'Money, not missiles': US launches financial attack on Iran

Sincity Press Staff 2 hours ago 1 min read 2
Sincity Press Brief

Washington announced what it described as an "economic D-Day" against Iran, widening current sanctions and targetting countries with business ties with the regime.

'Money, not missiles': US launches financial attack on Iran On Monday, US Treasury Secretary Scott Bessent announced an "economic D-day" against Iran, saying further sanctions would be imposed on the authorities and countries involved with the Iranian program. Iranian Economy Minister Ali Madanizadeh said Tehran was "fully prepared" for the sanctions, which helium said would pb to "another defeat" for the US. Iranians have felt the brunt of decades of sanctions, which have left its system in tatters. The BBC's business editor Simon Jack described Washington's determination as the "financial equivalent of a subject onslaught utilizing money, not missiles," and explained what the latest development could mean for Iran. More connected this story.