U.S. Treasury Secretary Discusses Iran Sanctions Amidst "Economic D-Day" Declaration
U.S. Treasury Secretary Scott Bessent, speaking from Beijing, China, on May 14th, 2026, addressed the U.S. stance on Iran. His comments follow President Trump's declaration of an "economic D-day" on Tehran, signaling an intent to impose the toughest financial penalties in history to pressure the Iranian leadership. Bessent indicated that details regarding these measures would be provided soon. This move comes as the U.S. aims to compel Iran to agree to an end to a conflict that has significantly impacted global oil markets. Iran, in response, has vowed a "devastating" reaction to any new U.S. threats, with Maj. Gen. Ali Abdollahi of Iran’s Armed Forces stating that the Islamic Republic's response would be broad and decisive across various domains. Iranian Parliament Speaker Mohammad Bagher Ghalibaf accused the U.S. and Israel of resorting to economic and "cognitive" warfare, emphasizing the need to plan for dealing with unjust sanctions. The U.S. has already reimposed a naval blockade on Iran, which began ... 
