Treasury Secretary Scott Bessent said the US will impose economic punishment on any country that does business with Iran. He framed the effort as an “economic D-Day” campaign to isolate Iran and end nearly six months of war.
WHO:Scott Bessent, US Treasury Secretary
WHAT:Bessent threatened economic punishment for countries that do business with Iran.
WHEN:Reported Aug 24, 2026 at 1:05 PM ET
WHERE:USA
WHY:The warning was triggered by the US goal of isolating Iran and ending nearly six months of war.
How this story developed (showing 6 of 6 earlier reports)