US pushes allies to sever Iran ties in new sanctions push
US Treasury Secretary Scott Bessent announced Monday that President Donald Trump is calling world leaders to demand they cut economic ties with Iran, warning that no country is beyond the reach of American sanctions. The Trump administration described the effort as "the largest financial offensive against a hostile country ever" and an "economic D-Day," targeting individuals and companies linked to Iran's nuclear technology, missile production, cyber activity, and oil industry. Sanctions were imposed on 60 new companies, with more expected. China, the largest buyer of Iranian oil, was specifically warned. Iran responded defiantly, with officials saying they are prepared to face the sanctions and warning of consequences for those joining the American economic warfare.