AXIOS (Zachary Basu) - Trump's Iran "D-Day" leaves sanctions hammer hanging
President Trump's "economic D-Day" for Iran came and went Monday with little of the shock or awe it promised, amounting instead to yet another extended ultimatum. Why it matters: Operation Economic Outcast will unfold not like the Allied invasion of Normandy, but as a sweeping, slow-burn sanctions campaign that could eventually lock Iran's foreign enablers out of the U.S. financial system. Zoom in: Treasury Secretary Scott Bessent kicked off the operation by blacklisting more than 60 Iran-linked targets and widening the reach of secondary sanctions. "Every country has a defined timeline to shut down activities we have identified," he said. - Bessent declined to name specific countries or deadlines, saying the administration preferred…
President Trump's "economic D-Day" for Iran came and went Monday with little of the shock or awe it promised, amounting instead to yet another extended ultimatum. Why it matters: Operation Economic Outcast will unfold not like the Allied invasion of Normandy, but as a sweeping, slow-burn sanctions campaign that could eventually lock Iran's foreign enablers out of the U.S. financial system. Zoom in: Treasury Secretary Scott Bessent kicked off the operation by blacklisting more than 60 Iran-linked targets and widening the reach of secondary sanctions. "Every country has a defined timeline to shut down activities we have identified," he said. - Bessent declined to name specific countries or deadlines, saying the administration preferred…Open