Bessent Launches Operation Outcast Against Iran
U.S. Treasury Secretary Scott Bessent announced the launch of "Operation Economic Outcast," a new campaign aimed at severing Iran from the global economy. Bessent stated that any country doing business with Iran or facilitating money laundering for the regime could face U.S. sanctions and potential removal from the U.S. dollar system.
This operation signifies a significant escalation of U.S. economic pressure on Iran, with potential global repercussions for countries and entities that continue to engage with the Iranian regime.