U.S. Treasury Launches 'Operation Economic Outcast' to Sever Iran's Global Economic Ties
The U.S. Treasury Department has initiated 'Operation Economic Outcast,' a comprehensive strategy aimed at isolating Iran from the global economy. This offensive targets not only Iranian entities but also international networks that facilitate Iran's trade and financial activities, including those involved in oil sales, payment processing, and maritime operations used to circumvent sanctions. Treasury Secretary Scott Bessent stated the objective is to cut off every economic lifeline supporting the Iranian regime, pushing it towards 'complete global isolation.' The strategy expands the risk of sanctions to activities related to digital assets, technology, gold, aviation, and maritime transport. This move follows President Trump's earlier announcement of an 'Economic D-Day' against Iran, signaling a significant escalation in economic pressure.