Trump Admin Unveils 'Operation Economic Outcast' Against Iran. China Could Be Reached.
Treasury Secretary Scott Bessent said the administration will tighten revenue sources for Iran’s Revolutionary Guard and warned more sanctions could follow quickly.
- On Monday, Treasury Secretary Scott Bessent announced sweeping sanctions against Iran, implementing what officials call a 'zero leakage' approach to block every potential revenue source funding the IRGC and Iranian regime.
- Extending a 47-year history of U.S. sanctions, Iran faces escalating pressure as the Strait of Hormuz has remained closed for nearly 200 days, while the administration frames enforcement as 'giving everyone the opportunity to remedy bad behavior.'
- Treasury Secretary Bessent struggled to explain how President Trump's 'economic D-Day' sanctions compare to the actual invasion, while critics argued the administration deployed aggressive rhetoric because it has exhausted other options.
- When pressed on whether Chinese banks would face penalties, Bessent declined to specify, stating only that sanctioned entities 'know who they are,' while threatening 'ramifications' for non-compliance.
- Through this 'zero leakage' enforcement strategy, State Department and Treasury officials are contacting international leaders to prevent the Iranian regime from rebuilding its capacity to inflict terror against America and the world.
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44 Articles
Trump administration launches new Iran sanctions in ‘Operation Economic Outcast’
Even before Scott Bessant's announcement of “Operation Economic Outcast”, the Iranian currency had sunk to a new low on the foreign exchanges, so what will the likely impact be of this attempt to block all Iran's potential sources of revenue?
Treasury Launches 'Operation Economic Outcast' Against Iran, Threatens Global Penalties - Tampa Free Press
Treasury Secretary Scott Bessent announced a major expansion of secondary sanctions against Iran on Monday, unveiling a campaign dubbed “Operation Economic Outcast” aimed at cutting off Tehran’s international financial connections. Speaking at a Monday news conference, Bessent described the effort as an “economic D-Day” intended to ramp up pressure on the Iranian government amid a […] Treasury Launches ‘Operation Economic Outcast’ Against Iran, …
The secretari of the Tresor, Scott Bessent, has announced the Operation Pària Econòmic per estrènyer el règim dels aiatol·làs
Launching an economic onslaught against Iran: US Treasury Secy Bessent announces Operation Economic Outcast - The Tribune
While addressing a press conference, Bessent said, "The US Department of the Treasury has launched Operation Economic Outcast, an unprecedented campaign against the Islamic Republic of Iran and its neighbours."
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