CNN August 24, 2026 • 06:22

Live updates: US set to unveil ‘economic D-Day’ sanctions on Iran - CNN

By John Liu, Aileen Graef, Xiaoqian Lin, August Phillips, Satish Cheney, Mohammed Tawfeeq, Sophia Saifi

Live updates: US set to unveil ‘economic D-Day’ sanctions on Iran - CNN

Treasury Secretary Scott Bessent called the campaign “the single greatest financial offensive ever marshalled against an adversary.” Follow for live updates.

US President Donald Trumps threat of an economic D-Day against Iran is unlikely to bend the country to his will without China joining in. But Trump has little leverage over China to make that happen.… [+2012 chars]

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