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Bessent Launches Operation Outcast Against Iran

24 AUG 2026 · 13:49 ET·3:15·11.4K VIEWS·0.5× USUAL PACE

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.

WHY IT MATTERS

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.

SCOTT BESSENT IRAN OPERATION ECONOMIC OUTCAST U.S. TREASURY

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