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With Sanctions and Tariffs, US Bets on Its Economic Power to Get What It Wants

The campaign, called Operation Economic Outcast, aims to sever Iran's economic lifelines after June 2025 military strikes failed to secure nuclear material.

Summary by France24
The US has announced a new wave of sanctions on Iran and has promised to sanction any countries trading with it - including China. It also comes as the US deepens a trade war with its neighbour Canada.…
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Technology, digital assets, gold, maritime transport and aviation. These are the five sectors on which the United States has decided to focus for the first wave of sanctions against Iran. A strategy that the Secretary of the Treasury Scott Bessent has defined as economic asphyxiation. And it is precisely this the objective of the operation "Economic Outcast": to isolate Tehran in its five vital ganglia. Bessent has clarified that the so-called "…

·Rome, Italy
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The Independent broke the news in London, United Kingdom on Tuesday, August 25, 2026.
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