U.S. Expected to Unveil Broadened Sanctions Against Iran in 'Economic D-Day'

The United States is set to announce a significant expansion of secondary sanctions against Iran, aiming to isolate the country from the dollar-based financial system. U.S. Treasury Secretary Scott Bessent is scheduled to outline these measures at 1 p.m. (1700 GMT) on Monday, warning countries to sever economic ties with Iran or face being cut off from the U.S. financial system.