Treasury Secretary Scott Bessent warned on Aug. 23 that an “economic D-Day” is coming for the Iranian regime, with the United States taking strong measures to sever Tehran’s economic lifelines, including imposing consequences on Iran’s trade partners.Bessent said in a social media post that...
Oilfield pump jacks in Williston, N.D., on Dec. 21, 2023. Madalina Vasiliu/The Epoch TimesOil prices fell to more than $1 on Aug. 24 as markets awaited U.S. announcements on its new sanctions against Iran that U.S. officials said will isolate Iran economically.Brent crude futures...