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Trump’s “Economic D-Day” Targets Iran’s Financial Lifelines

8/24/2026

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Story summary
  • U.S. President Donald Trump announced an “Economic D-Day” aimed at crippling Iran’s economy.
  • Treasury Secretary Scott Bessent said the operation will begin at dawn and cut Iran’s economic lifelines.
  • Iran’s National Security Council head Mohsen Rezaei warned any country joining the U.S. campaign would become an enemy.
  • United Arab Emirates said it cut all financial and economic ties with Iran after detecting two ballistic missiles.