Washington targets Iran’s financial and petroleum networks
5 Articles
5 Articles
US launches ‘economic D-Day’ against Iran, threatens sanctions on its global partners
ALBAWABA- The United States on Monday launched what Treasury Secretary Scott Bessent described as an “economic D-Day” against Iran, unveiling a sweeping campaign designed to cut Tehran off from international financial networks and choke the revenues sustaining its government and Islamic Revolutionary Guard Corps (IRGC)...
Washington targets Iran’s financial and petroleum networks
The Trump administration’s planned financial offensive against Iran is designed to reach beyond Tehran, placing foreign banks, shipping companies, petroleum buyers and governments under pressure to choose between Iranian business and access to the United States. Treasury Secretary Scott Bessent described the initiative in sweeping terms. “At dawn begins an economic D-Day — the single greatest financial offensive ever marshalled against an advers…
US Treasury Secretary Bessent announced the launch of "Operation Economic Isolation" to isolate Iran from the global financial system. Under the sanctions, financial institutions supporting Iran will be removed from the dollar system, and their oil revenues will be blocked. Bessent stated that countries have been given time to cease their activities, otherwise unilateral steps will be taken.
[Washington, Kyodo] U.S. Treasury Secretary Benicent said at a press conference at the Treasury Department on the 24th that the U.S. would launch a fierce economic offensive against Iran's global financial network.
US launches ‘economic D-Day’ against Iran
Washington, Aug 24 (SocialNews.XYZ) US Treasury Secretary Scott Bessent on Monday launched what he called an “economic onslaught” against Iran, warning governments, banks and companies worldwide that they must choose between doing business with Tehran and retaining access to the American financial system. Bessent announced “Operation Economic Outcast”, a sustained campaign intended to sever Iran’s financial connections, oil revenues and other ec…
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