The Trump administration is preparing to launch what Treasury Secretary Scott Bessent called an “economic D-Day” against Iran, escalating pressure not only on Tehran but also on foreign governments, financial institutions and businesses that continue providing the country with economic lifelines.

The campaign could raise the stakes for companies and countries with financial, shipping and energy ties to Iran, as Tehran threatens to treat participation in the U.S. pressure campaign as an “act of war” and potentially disrupt oil exports across the Persian Gulf.

“At dawn begins an economic D-Day — the single greatest financial offensive ever…

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