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WRAPUP 9-US unveils 'economic D-Day' of sanctions to isolate Iran

News Snapshot:

The U.S. on ?Monday announced an expansion of secondary sanctions it hopes will "sever every economic lifeline" sustaining Iran, ?as ?President Donald Trump's administration struggles to resolve an unpopular war that has pushed energy prices higher. Treasury Secretary Scott Bessent unveiled what he described as an "economic D-Day" that aims to give a final warning to countries to cut their business ties with Iran or risk having key companies and entities cut off from the dollar-based financial system. "We are launching an economic onslaught against Iran’s financial connections ?around the globe. Our objective is to sever every economic lifeline that…

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