DIVYA DELHI : The United States is preparing to intensify economic pressure on Iran with what Treasury Secretary Scott Bessent has described as the “toughest sanctions in history.” The measures are being presented as part of an “economic D-Day” campaign aimed at cutting off Tehran’s financial lifelines and further isolating the Iranian economy. The proposed sanctions are expected to target Iran’s oil trade and entities involved in maintaining economic links with Tehran. Washington has also warned countries and businesses supporting Iran that they could face serious economic consequences. China’s role as a major buyer of Iranian oil has emerged as a key concern for the US administration. Iran has strongly rejected the US pressure and warned that it would retaliate against countries participating in the new measures. Tehran has also threatened action affecting oil shipments through the strategically important Strait of Hormuz, raising concerns about global energy supplies and regional security. The escalation comes as Iran’s economy faces mounting pressure, with its currency falling to a record low. Markets are closely watching the situation for possible effects on oil prices, international trade and wider geopolitical stability.
