
The episode discusses the potential impact of Scott Bessent's proposed 'economic D-Day' on Iran and its implications for US-China relations and energy markets.
US Treasury secretary Scott Bessent is calling for an “economic D-Day” for the Iranian regime while threatening secondary sanctions on countries that do business with the country. Will this be more effective than previous attempts at economic pressure? What impact will this have on US relations with China? And how will energy markets react? Sasha Polakow-Suransky , executive opinion editor, speaks with Emma Ashford, Stimson Center senior fellow and Foreign Policy columnist, about Washington’s latest Iran sanctions push dubbed Operation Economic Outcast. Clip: CBS News Join us at the FT Weekend Festival on Saturday, September 5 at Kenwood House Gardens in London, and spend the day with FT journalists and leading voices across business, politics, economics, culture and the arts. FT podcast listeners can save 10% off tickets with the code FTPODCAST. Click on this link to find out more. Free links to read more on this topic: US launches further strikes on Iran as conflict flares up Energy price surge hits bond markets as European gas reaches three-year high Donald Trump says US will hit Iran ‘hard’ as conflict reignites Scott Bessent: an economic D-Day is coming for Iran…
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