Treasury Secretary announces "Operation Economic Outcast" Against Iran
U.S. Treasury Secretary Scott Bessent announced "Operation Economic Outcast," an unprecedented campaign targeting Iran's global financial connections. Under President Trump's direction, the initiative aims to sever economic lifelines sustaining the Iranian regime, with the goal of isolating the country and preventing its nuclear weapons program. The operation utilizes intelligence on Iran's oil smuggling and sanctions evasion networks to block revenue sources for the IRGC and the regime.
This operation aims to significantly impact Iran's economy and its ability to fund illicit activities, potentially forcing a shift in the regime's behavior or leading to its further isolation.
OPERATION ECONOMIC OUTCAST SCOTT BESSENT IRAN DONALD TRUMP TREASURY DEPARTMENT