Treasury Launches ‘Operation Economic Outcast’ Against Iran, Threatens Global Penalties
Aug 24, 2026
Treasury Secretary Scott Bessent announced a major expansion of secondary sanctions against Iran on Monday, unveiling a campaign dubbed “Operation Economic Outcast” aimed at cutting off Tehran’s international financial connections. Speaking at a Monday news conference, Bessent described the ef
fort as an “economic D-Day” intended to ramp up pressure on the Iranian government amid a […]
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