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Treasury’s ‘Operation Economic Outcast’ Delivers Warning to China, Iran’s Global Enablers

Summary by Just the News
Treasury Secretary Scott Bessent warned that nations facilitating Tehran’s financial and trade networks must now choose between partnering with the United States or facing economic isolation.

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The United States announced on the 24th (local time) that it is launching "Operation Economic Outcast" against Iran. The plan aims to bring the Iranian regime to its knees by cutting off its financial lifelines, with "secondary sanctions"—which drive third-country companies and banks doing business with Iran out of the U.S. financial network—being the core of the operation. This is interpreted as the Donald Trump administration shifting toward s…

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Operation Economic Outcast aims to suffocate the Islamic Republic, already in great economic difficulty, by attacking its main trading partners. But China does not intend to let itself be done and the Iranian regime still has levers, according to the Economist.

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Just the News broke the news in Washington, United States on Monday, August 24, 2026.
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