Geopolitics

US Treasury Secretary Bessent writes in FT that economic D-Day is coming for Iran, and countries that calculate appeasement of the regime to be a safer choice should reconsider

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US Treasury Secretary Bessent announced an economic offensive against Iran, warning global partners that maintaining commercial ties with Tehran will result in secondary financial isolation.

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Says: "At dawn begins an economic D-Day — the single greatest financial offensive ever marshalled against an adversary." "Those who sever Iran’s remaining financial and commercial connectivity will reinvigorate their own. They will deepen their access to global capital, reinforce confidence in their markets and attain the standing they seek in the world economy." "The alternative for those who tether themselves to Tehran is the foreclosure of any path to lasting prosperity...And any nation that serves as a financial artery of a withering regime should expect to share in its isolation."

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