Treasury Secretary Scott Bessent said Sunday the U.S. is entering an “endgame” against Iran, pledging an unprecedented financial campaign to cut off the regime’s remaining economic lifelines and avert the need for more military action.
“At dawn begins an economic D-Day — the single greatest financial offensive ever marshaled against an adversary,” Bessent wrote in an opinion piece in the Financial Times.
He also argued that President Donald Trump was confronting a threat previous administrations had sought only to manage.
Bessent said the campaign would target countries and entities that buy or transport Iranian oil, facilitate financial transactions, host Iranian flights, maintain ship registries or enable ship-to-ship fuel transfers.
He warned that governments maintaining ties with Tehran risked sharing its economic isolation.
The Treasury chief said the aim was to sever every economic lifeline supporting the Islamic Republic until it is left in “total financial isolation.”
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