US to Unveil Major Plan for Economic Isolation of Iran

US Treasury Secretary Scott Bessent is scheduled to unveil a plan tonight to expand secondary sanctions against Iran. According to reports, the move aims to isolate the Islamic Republic from the global economy and intensify pressure on the regime. Under the plan, foreign countries, companies, and entities that continue to trade with designated sectors of the Iranian economy will face punitive measures from Washington. A source familiar with the matter told Reuters that the sanctions will target specific sectors of the Iranian economy, though the exact sectors have not yet been specified. US President Donald Trump wrote on Truth Social regarding the situation: "Iran is collapsing completely!!!" Last week, Bessent pledged to impose the "toughest sanctions in history" on Iran as part of the "economic D-Day" announced by Trump. The policy is intended to paralyze the regime's ability to finance and project influence. Trump has previously issued an ultimatum to countries and entities, warning that oil smuggling, barter deals, and the use of shell companies must cease, and that any party providing Iran with a "lifeline" will face economic consequences from the United States.