Politics
Trump's Iran "D-Day" leaves sanctions hammer hanging
Axios·August 25, 2026·1 min read
President Trump's 'economic D-Day' for Iran passed without immediate action, extending an ultimatum. Treasury Secretary Scott Bessent blacklisted over 60 Iran-linked targets and widened secondary sanctions. He declined to name specific countries or deadlines, preferring 'quiet diplomacy.' China, accounting for 90% of Iran's oil exports, remains a key test of the campaign's effectiveness.
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