World Mostly Shrugs Off Bessent’s ‘D-Day’ Iran Sanctions Threat

Treasury Secretary Scott Bessent launched a campaign describing an “economic onslaught” aimed at Iran and its trading partners to pressure an end to the war. By week’s end, affected countries reportedly largely shrugged off the threat, leaving analysts underwhelmed by the apparent effectiveness of the US actions. The near-term outlook therefore skews cautious, with sanctions/pressure measures not yet translating into observable compliance or disruption.