US Rolls Out 'Economic D-Day' Sanctions on Iran
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.
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86 Articles
The United States is launching what it has called "Operation Economic Exclusion" against Iran, as Washington seeks to cut off Tehran's financial lifelines amid the ongoing war. At a press conference on Monday, Treasury Secretary Scott Bessent outlined a new, "unprecedented" campaign against Iran and its "enablers," describing it as an "economic assault" aimed at isolating the Iranian regime, the Telegraph reports. "The Treasury has mapped every …
"Economic D-Day", "Operation of economic outcasts" – the US wanted to force Iran's economy to its knees. But warnings remain.
The United States announced "D-Day economic sanctions" aimed at isolating Iran and threatened that anyone doing business with Iran risked being cut off from the dollar-denominated financial system.
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US rolls out 'economic D-Day' sanctions on Iran
The Trump administration initiated sanctions against Iran, targeting over 60 entities while allowing others time to cut ties before facing penalties.
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