US Treasury Sets “Economic D-Day” for Iran’s Shipping Enablers

The U.S. Treasury has announced an imminent sanctions campaign targeting Iran’s financial networks, giving foreign banks a limited window to cut ties with Tehran’s key economic sectors. Treasury Secretary Scott Bessent described the move as an “economic D-Day,” warning that institutions continuing to facilitate Iranian commerce will face severe penalties after a defined compliance period. The initial sanctions list, unveiled on Monday, focused on entities linked to Iran’s ballistic missile program, cyber operations, and covert energy and shipping facilitators. Notably absent were major Chinese refiners and financiers, though the Treasury…

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