Treasury Secretary Scott Bessent unveils new U.S. economic sanctions to isolate Iran

The Trump administration unveiled new U.S. economic sanctions against Iran, calling the move an 'economic D-Day' on the country. Treasury Secretary Scott Bessent announced the measures, which aim to isolate Iran from the global financial system. In response, Iran vowed to react to the fresh sanctions in a 'seismic manner,' escalating tensions between the two nations.