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Event Brief

Bessent warns Iran of “economic D-Day” sanctions

U.S. Treasury Secretary Scott Bessent warned Iran of an “economic D-Day” as the U.S. prepares new sanctions targeting Iran’s trade partners. Iran’s President Masoud Pezeshkian defended a U.S.-Iran memorandum, and Iran vowed to shut down all Gulf oil exports if the economic war continues.
WHO: Scott Bessent; Masoud Pezeshkian; Iran
WHAT: Bessent warned Iran of an “economic D-Day” while Iran vowed to shut down Gulf oil exports if the economic war continues.
WHEN: Reported Aug 24, 2026 at 8:19 AM ET
WHERE: USA
WHY: Bessent’s warning and Iran’s response were triggered by the U.S. preparation to roll out economic sanctions targeting Iran’s trade partners.
How this story developed (showing 21 of 21 earlier reports)

Reporting from 20 identified publishers across this event arc.

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