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.
55 Articles
55 Articles
Koco News5
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.
(Washington = Yonhap News) Correspondent Park Sung-min = The Donald Trump administration [announced] on the 24th (local time) that it would impose secondary sanctions on other countries trading certain goods with Iran...
The D-Day announced by the U.S. administration to impose new sanctions on Iran and any other country doing business with the Islamic Republic has arrived. And, as the Treasury Secretary Scott Bessent assures, he will spare no one, even China. The United States has announced that it has extended sanctions against Ayatollah, hitting five sectors [...] The article Sanctions to Iran, the US launches the Operation Economic Outcast: "We will remove al…
Trump Launches Fresh Sanctions Against Iran in Bid to End War
The new economic offensive is the latest attempt to end the war, following months of military operations and diplomatic negotiations. Alex Brandon/AP PhotoThe Trump administration on Monday broadened its sanctions campaign against Iran and threatened foreign governments and companies with new penalties if they continue doing business with Tehran, as the U.S. seeks to cut off the country from the global economy after months of war.Treasury Secret…
Sydney Morning Herald
US launches ‘Operation Economic Outcast’ to isolate Iran from the world
Treasury Secretary Scott Bessent said countries would be given deadlines to cease all financial interactions with the Iranian regime or face secondary sanctions.
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