‘Economic D-Day’ against Iran: Bessent also threatens China over sanctions
The US wants to target digital assets, gold, technology, aviation and maritime transport. The US Treasury Secretary said: ‘Anyone who is not with us will be isolated, without exception.’ Trump is ‘on the phone trying to persuade world leaders’.
From New York Luca Veronese
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‘Economic D-Day’ – the sanctions war that the United States intends to unleash to ‘isolate Iran through unprecedented measures’ – has rapidly become – as was evident again yesterday in statements from the US administration – a threat to countries that do business with the Tehran regime, that buy Iranian oil and ultimately prop up the Ayatollahs’ economy. First and foremost, China, which has been the main buyer of Iranian oil for years. But also India and Turkey. And then there are Russia, the United Arab Emirates and Pakistan.
Scott Bessent, during a press conference in Washington, announced ‘the immediate launch of Operation Economic Outcast’, a new series of secondary sanctions, forming part of a broad ‘economic offensive to marginalise Iran and sever Tehran’s financial ties around the world’: “Our aim,” the Treasury Secretary reiterated, “is to sever every economic lifeline supporting this tyrannical regime, until Tehran is completely isolated.”
More specifically, Bessent listed five key sectors that will be targeted by secondary sanctions: digital assets, gold, technology, aviation and maritime transport. “We will cut off access to the dollar system for those who launder Iranian money,” he warned
After six months of military attacks, the United States (and Israel) have failed to bring the Iranian regime to its knees. Nor have the economic sanctions yielded any decisive results so far: as is often the case, they have left the population starving and have led to an escalation in the violence perpetrated by Iranian leaders, both externally and in their internal repression.
“We will use all our resources to counter the economic sanctions,” the Iranian government stated after the Pasdaran had said in recent days that they were “ready for large-scale military responses”.
