{"id":17238,"date":"2026-08-24T15:45:17","date_gmt":"2026-08-24T07:45:17","guid":{"rendered":"https:\/\/tingchao.xyz\/?p=17238"},"modified":"2026-08-24T15:45:24","modified_gmt":"2026-08-24T07:45:24","slug":"us-vows-economic-d-day-as-iran-threatens-to-halt-all-oil-exports","status":"publish","type":"post","link":"https:\/\/tingchao.xyz\/?p=17238","title":{"rendered":"US vows &#8216;economic D-Day&#8217; as Iran threatens to halt all oil exports"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The U.S. threatened Iran with what it called &#8220;the greatest \u200bfinancial offensive ever marshalled&#8221; as it prepared to roll out economic sanctions on Monday that target Iran&#8217;s trade partners.<br>Iran in turn vowed \u200cto shut down all oil exports from the Gulf &#8220;if the economic war continues.&#8221;<br><br>U.S. Treasury Secretary Scott Bessent will hold a press conference at 1 p.m. EDT (1700 GMT) on Monday amid promises to reveal even more severe measures on a country that has endured near-continuous economic sanctions since the Islamic Revolution of 1979.<\/p>\n\n\n\n<figure class=\"wp-block-image alignwide size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"685\" src=\"https:\/\/tingchao.xyz\/wp-content\/uploads\/2026\/08\/\u4f01\u4e1a\u5fae\u4fe1\u622a\u56fe_20260824154222-1024x685.png\" alt=\"\" class=\"wp-image-17239\" srcset=\"https:\/\/tingchao.xyz\/wp-content\/uploads\/2026\/08\/\u4f01\u4e1a\u5fae\u4fe1\u622a\u56fe_20260824154222-1024x685.png 1024w, https:\/\/tingchao.xyz\/wp-content\/uploads\/2026\/08\/\u4f01\u4e1a\u5fae\u4fe1\u622a\u56fe_20260824154222-300x201.png 300w, https:\/\/tingchao.xyz\/wp-content\/uploads\/2026\/08\/\u4f01\u4e1a\u5fae\u4fe1\u622a\u56fe_20260824154222-767x513.png 767w, https:\/\/tingchao.xyz\/wp-content\/uploads\/2026\/08\/\u4f01\u4e1a\u5fae\u4fe1\u622a\u56fe_20260824154222-1536x1028.png 1536w, https:\/\/tingchao.xyz\/wp-content\/uploads\/2026\/08\/\u4f01\u4e1a\u5fae\u4fe1\u622a\u56fe_20260824154222.png 1583w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><br><br>&#8220;At dawn begins an economic D-Day \u2014 the single greatest financial offensive \u200bever marshalled against an adversary,&#8221; Bessent wrote in an opinion piece published in the Financial Times on Sunday.<br>The warring nations have not conducted military \u200bstrikes against each other for weeks, but they also have not engaged in meaningful talks to end the six-month-old conflict.<br>Thousands \u2060of people have died, most of them in Iran and Lebanon, since the U.S. and Israel began strikes on February 28, degrading much of Iran&#8217;s conventional \u200bmilitary capacity and inflicting economic pain while killing Iranian Supreme Leader Ayatollah Ali Khamenei.<br><br>But Iran has preserved enough missile and drone capability to attack its Gulf neighbours and threaten oil \u200btankers in the Strait of Hormuz, bringing shipping in the key waterway to a near standstill and pressuring world fuel prices. The exact state of Iran&#8217;s nuclear program, which the Americans and Israelis aim to wipe out, remains unknown.<br>Without detailing specific measures, Bessent signalled the U.S. would target &#8220;fearful nations&#8221; that practice &#8220;appeasement&#8221; by engaging with Iran&#8217;s economy and financial system.<br>&#8220;They would do well \u200bto consider the consequences of sustaining it,&#8221; he wrote in the Financial Times.<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The video player is currently playing an ad. You can skip the ad in 5 sec with a mouse or keyboard<br>&#8220;If the economic war continues, not a single drop of \u200coil will \u2060be exported, neither through the Strait of Hormuz nor from anywhere in the Persian Gulf,&#8221; Rezaei wrote in a social media post. &#8220;Iran will regard any country\u2019s participation in or support for America\u2019s economic war against the Iranian people as an act of war.&#8221;<br>Bessent previously urged China to cooperate with the U.S., noting China historically has received half of its oil imports from the Gulf region. A spokesperson for China&#8217;s embassy in Washington responded with a statement that &#8220;sanctions and pressure do not help resolve \u200bthe problem,&#8221; while calling for diplomacy.<br>Iran&#8217;s economy \u200bwas already under pressure from international \u2060sanctions before the U.S. and Israeli attacks destroyed parts of its infrastructure.<br>Though Tehran remains outwardly defiant, Iranian officials have warned that further economic punishment could increase hardships, reignite unrest and further erode the Islamic Republic&#8217;s legitimacy.<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>Iran entered the war with high \u200binflation, a weakening currency, energy shortages, sanctions and deep structural weaknesses, and must now contend with damaged infrastructure, disrupted \u200btrade, lost production and \u2060the cost of rebuilding.<br>In the absence of official face-to-face talks between the U.S. and Iran, which were last conducted in June in Switzerland, other nations including Qatar, Pakistan and Turkey have attempted to promote diplomacy.<br>Iran said Pakistan&#8217;s army chief, Asim Munir, will visit Tehran on Monday as part of efforts to restore peace and security in the \u2060region, but \u200bgave few details.<br>Pakistan has been mediating in the conflict and a Pakistani government source said Munir \u200bwould touch on recent developments including the U.S. threat of new sanctions.<br>U.S.-Israeli strikes on Iran and Israeli attacks on Lebanon during the war have killed thousands and displaced millions. The U.S. reported 18 military personnel \u200bkilled and more than 750 wounded.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. threatened Iran with what it called &#8220;the greatest \u200bfinancial offensive ever marshalled&#8221; as it prepared to roll out economic sanctions on Monday that target Iran&#8217;s trade partners.Iran in turn vowed \u200cto shut down all oil exports from the Gulf &#8220;if the economic war continues.&#8221; U.S. Treasury Secretary Scott Bessent will hold a press [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":17239,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[5],"tags":[1645,3549,1790],"class_list":["post-17238","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","tag-economic","tag-financial","tag-iran"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US vows &#039;economic D-Day&#039; 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