New U.S. sanctions will hit ordinary Iranians hard. That may be the whole point as the crashing economy stirs fresh protests

(Credit: AFP via Getty Images)

Treasury Secretary Scott Bessent laid out plans for an “economic D-Day” against Iran on Monday, seeking to further isolate the regime from the rest of the world.

The U.S. will expand its use of secondary sanctions against entities and countries that engage with Iran. Bessent also said any country that helps Iran will be removed from the dollar-based financial system.