Published Aug 24, 2026, 12:15 PM ET · Updated 3 months ago · 1 source

US 'Economic D-Day' against Iran threatens severe consequences for non-compliant nations

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Original Report

The US Treasury Secretary, Scott Bessent, has declared an 'Economic D-Day' against Iran, threatening severe economic consequences for nations like China, Qatar, UAE, Turkey, and Iraq that continue to do business with Iran. The strategy attempts to leverage Pascal's Wager, suggesting that countries should align with US demands to avoid becoming a 'global pariah' and losing lasting prosperity.