US Imposes 'Economic D-Day' Sanctions Targeting Iranian Financial Lifelines
US Treasury Secretary Scott Bessent announced a massive expansion of secondary sanctions against Iran on August 25, described as an 'economic D-Day.' The measures target Iran's digital assets, gold, aviation, and shipping sectors, aiming to isolate Tehran from the global dollar system. The sanctions also designate 60 individuals and entities across Hong Kong, China, and the UAE for facilitating Iranian oil revenue and weapons procurement.
Date: August 25, 2026
Location: Washington D.C., United States
Conflict: US-Iran Conflict
Category: sanctions
Severity: CRITICAL
Source: The Jakarta Post