US Aims for 'Financial Offensive' Against Iran on August 24
Translated from Russian, summarized and contextualized by DistantNews.
At a glance
- The U.S. Treasury Department plans to launch a "financial offensive" against Iran on August 24, according to Treasury Secretary Scott Bessent.
- Bessent described the operation as "D-Day," the most significant financial offensive ever deployed against an adversary.
- President Trump has warned that countries supporting Iran will face severe economic consequences from the U.S.
The United States is preparing to initiate a significant "financial offensive" against Iran, with U.S. Treasury Secretary Scott Bessent announcing that August 24 will mark the beginning of this operation. Bessent characterized the upcoming action as "D-Day," signifying the largest financial assault ever undertaken against an adversary.
In a statement posted on his X account, Bessent indicated that the administration is entering the "final phase" of its campaign against Iran. He further stated that the President has created the conditions necessary to deploy all government agencies, structures, and authorities, some of which were previously considered last resorts.
We are entering the final phase [of the war against Iran]. At dawn will come 'D-Day' - the most massive financial offensive ever deployed against an adversary.
This planned financial offensive follows previous announcements by the White House regarding the commencement of an economic war and unprecedented isolation measures against Iran. President Trump had previously issued a stern warning, asserting that any nation whose financial institutions, businesses, airports, or state structures provide support to Tehran would face severe economic repercussions from the United States.
The President has created the conditions for the deployment of all agencies, structures, and authorities, which we thought we would not have to resort to.
Originally published by 24.kg in Russian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.