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Economic D-Day
2026 United States sanctions and economic isolation campaign against Iran
Economic D-Day
Economic D-Day, officially designated Operation Economic Outcast by the US Treasury, is the name given by US President Donald Trump and Treasury Secretary Scott Bessent to a campaign of sanctions and economic isolation announced by the United States against Iran in August 2026, amid the ongoing 2026 Iran war. Trump first used the phrase on 19 August 2026, warning that any country doing business with Iran would face "TREMENDOUS [sic] economic consequences". Bessent subsequently described the coming measures as "the single greatest financial offensive ever marshalled against an adversary" and pledged "the toughest sanctions in history," with details unveiled at a press conference on 24 August 2026.
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