US Expands Sanctions on Iran, Puts Other Countries on Notice
The campaign targets dozens of individuals and vessels and broadens penalties for foreign firms tied to Iran’s nuclear, cyber and oil networks.
- On Monday, Treasury Secretary Scott Bessent announced 'Operation Economic Outcast,' a sweeping sanctions campaign against Iran aimed at cutting off the regime's financial lifelines globally.
- Marking the six-month anniversary of the war, the administration is transitioning from military conflict to economic warfare to pressure Tehran to negotiate an end to the fighting.
- Treasury is targeting more than 60 entities, individuals, and vessels linked to Iran's nuclear, missile, and oil operations. Sanctions now focus on five key sectors: digital assets, technology, gold, aviation, and shipping.
- President Donald Trump is calling global counterparts to cease all commercial dealings with Iran or face exclusion from the U.S. financial system. Bessent said the U.S. prefers 'quiet diplomacy' to engage other nations.
- Shortly before the announcement, Iranian parliamentary speaker Mohammed Bagher Ghalibaf dismissed the rhetoric as 'bombast,' stating that Iran's trading partners do not take U.S. threats into account.
24 Articles
24 Articles
Brisbane Times
The AgeUS issues ultimatum to countries to end all financial dealings with Iran
Treasury Secretary Scott Bessent announced the start of “Operation Economic Outcast” aimed at isolating the Islamic regime in Tehran from the rest of the world.
Breaking | US sanctions Chinese entities, issues global ‘Economic D-Day’ warning on Iran
The United States on Monday announced fresh sanctions against 60 entities in multiple countries, including China and Hong Kong, and issued a fresh warning demanding “immediate action” from nations maintaining economic and commercial ties with Iran. The actions announced on Monday are part of the Trump administration’s latest efforts to choke off Tehran economically after military strikes and diplomatic negotiations failed to reopen the Strait of…
The Economic Times
Times of IndiaFrom D-Day to economic war: US invokes World War II in Iran sanctions push
The United States has initiated a significant economic campaign against Iran. This operation aims to isolate the nation from global financial systems. Officials compared this new economic effort to the historic D-Day invasion. The goal is to sever all economic lifelines sustaining the Iranian regime. This action marks a new phase in international economic pressure.
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