Iran-US relations remain tense as Washington prepares another round of economic pressure. Iran has condemned new US sanctions ahead of what the Trump administration has dubbed an "economic D-Day." Treasury Secretary Scott Bessent is expected to announce additional sanctions against Iran as the broader conflict continues. The phrase "economic D-Day" suggests a coordinated, large-scale sanctions push rather than incremental measures aimed at squeezing Iran's economy on multiple fronts simultaneously. This comes against a backdrop of ongoing regional instability, with Iran already facing significant economic strain from years of sanctions. How Tehran responds diplomatically or otherwise could shape oil markets and regional security in the weeks ahead. Global markets are watching closely for ripple effects.
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