[US-Israel, Iran War Day #178] US Declares ‘Economic D-Day’ as Iran Hardens Hormuz Threats

In Brief…

• The United States sanctioned nearly 60 Iran-linked people, entities and vessels and expanded the threat of secondary sanctions as part of an “economic onslaught” against Tehran’s global financial connections called “Operation Economic Outcast,” Treasury Secretary Scott Bessent said on Monday.
• A tanker was struck by an unknown projectile about 63 nautical miles west of Saudi Arabia’s Yanbu on Monday, causing a fire on its main deck, the United Kingdom Maritime Trade Operations agency said.
• Iran’s Persian Gulf Strait Authority has warned that vessels violating Tehran’s rules for passage through the Strait of Hormuz could face fines, seizure or confiscation on future voyages.
• The United States is entering the “endgame” of its confrontation with Iran, Treasury Secretary Scott Bessent said Sunday, pledging to sever every remaining economic lifeline to Tehran in what he described as an “economic D-Day.”
• Iran’s security chief Mohsen Rezaei said his country will treat any country’s participation in or support for the US economic campaign against Tehran as an act of war and could halt all oil exports from the Persian Gulf.

This is a developing story that HO1 will continue to monitor.
Check back for updates.

[UPDATE] US will pursue end to Iran nuclear threat ‘one way or another’