US launches 'Operation Economic Outcast' to isolate Iran financially

Treasury Secretary Scott Bessent announced 'Operation Economic Outcast' on 24 August 2026, a broad sanctions campaign aimed at severing Iran's international financial connections and ultimatum countries to cut business ties or face secondary sanctions. By 26 August, the US halted immediate military strikes in favor of this economic pressure campaign.

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US expected to broaden secondary sanctions to isolate Iran on 'economic D-Day'

rss:al-monitorinternational37d ago kagi ↗

By David Lawder, Asif Shahzad and Ariba Shahid WASHINGTON/ISLAMABAD, Aug 24 (Reuters) - The United States was set to warn countries to cut ties with Iran or risk their businesses being cut off from the dollar-based financial system when it unveils the "greatest financial offensive ever" on Monday, a source told Reuters.

US threatens countries doing business with Iran, but holds off on penalties for now

rss:al-monitorinternational36d ago kagi ↗

By David Lawder and Humeyra Pamuk WASHINGTON, Aug 24 (Reuters) - President Donald Trump's administration on Monday announced a possible expansion of sanctions on countries doing business with Iran as part of what it billed as an "economic D-Day," but stopped short of actually imposing penalties. As the war with Iran nears its six-month mark, Treasury Secretary Scott Bessent said the U.S. was launc

🟡 @adammockler Update. Treasury Secretary Scott Bessent announced "Operation Economic Outcast," a new sanctions campaign aimed at cutting off Iran's financial connections worldwide as the US-Iran con

mastodon:mstdn-socialother36d ago kagi ↗

🟡 @adammockler Update. Treasury Secretary Scott Bessent announced "Operation Economic Outcast," a new sanctions campaign aimed at cutting off Iran's financial connections worldwide as the US-Iran conflict continues. https://www. youtube.com/watch?v=wzxcRccKXw4

Today in Politics, Bulletin 447. 8/24/26

stream:bsky-jetstreamother36d ago wire ×4 kagi ↗

Everything you need to know about what happened today in politics. open.substack.com/pub/meidasto... … Treasury Secretary Scott Bessent held his major press conference today to announce what was hyped as an “economic D-Day” to crush Iran once and for all after sanctions, bombing, blockades, peace neg...

Bessent’s ‘economic D-Day’ against Iran begins with a ‘warning shot’

stream:bsky-jetstreamother36d ago kagi ↗

Treasury Secretary Scott Bessent on Monday unveiled a sweeping new effort to economically isolate Iran, warning foreign governments and companies that they could lose access to the U.S. financial system if they continue doing business with Tehran. www.politico.com/news/2026/08... The move marks the Trump administration’s latest attempt to force an end to an increasingly unpopular war that has stre

Trump's 'economic D-Day' threats become warnings for countries to sever financial ties with Iran

stream:bsky-jetstreamother35d ago kagi ↗

And this. Nothing like insulting, berating and demonizing allies for two years before cos-playing Mad King George: apnews.com/article/iran... Treasury Secretary Scott Bessent has announced a new round of sanctions aimed at Iran. At a news conference Monday, he also warned every country that does business with the Islamic Republic to sever t...

US warns of expanded sanctions against Iran and its partners - as it happened

stream:bsky-jetstreamother35d ago kagi ↗

Trump's mafia method is politics❓ This is not politics Alzheimer Mafia Donald Trump's Economic Terror threat from Trump mafia Only White supremacy want to start "Religious war" trib.al/1tgPGH2 U.S. Treasury Secretary Scott Bessent unveiled what he described as an "economic D-Day" that aims to give a final warning to countries to sever their ​business ties with Iran.

Scott Bessent threatens Iran’s economic partners with more sanctions

stream:bsky-jetstreamother35d ago kagi ↗

After the strategically failed military campaign, the shock to the global economy, the Trump administration violated the memorandum of understanding and wasted the ceasefire, now threatens the whole world with sanctions for possible economic relations with Iran. giftarticle.ft.com/giftarticle/... US Treasury secretary had billed announcement as ‘D-Day’ for Tehran but stopped short of sweeping acti

Why Bessent’s Iran D-Day Threat Hinges on His Willingness to Hit China

rss:bloomberg-marketsus_mainstream35d ago kagi ↗

Treasury Secretary Scott Bessent’s threat to unleash an “economic D-Day” against Iran risks setting the US on a collision course with China, its main trading partner. Bloomberg's Jon Herskovitz breaks down the likelihood that the US will take aggressive actions against Beijing. (Source: Bloomberg)

Treasury Expands Iran Sanctions Without Targeting Major Chinese Banks

stream:bsky-jetstreamother35d ago kagi ↗

Treasury Expands Iran Sanctions Without Targeting Major Chinese Banks ->Oilprice.com | More on "Iran sanctions and economic pressure" at BigEarthData.ai | #Iran The Trump administration has revealed the details of its “economic D-Day” campaign against Iran, expanding secondary sanctions that threaten foreign companies with exclusion from the U.S. financial system for continuing to do business with

Iran war live: Pakistan reports progress on restoring US-Iran MoU | Donald Trump News - Bytes Europe

stream:bsky-jetstreamother35d ago kagi ↗

Iran war live: Pakistan reports progress on restoring US-Iran MoU | Donald Trump News https://www.byteseu.com/2305547/ blinking-dotLive updatesLive updates, US Treasury Secretary Scott Bessent announces new sanctions on Tehran to sever financial support for the regime, urging US allies to … US Treasury Secretary Scott Bessent announces new sanctions on Tehran to sever financial support for the reg

Iran says it is ready for what US calls 'greatest financ...

stream:bsky-jetstreamother35d ago kagi ↗

Iran says it is ready for what US calls 'greatest financial offensive ever' www.15minutenews.com/article/2026... The US calls its latest sanctions on Iran an "economic D-Day", but Tehran says it has a plan to counter them.

Scott Bessent Skimps On Details In Big 'Economic D-Day' Iran Sanctions Announcement - AOL

stream:bsky-jetstreamother35d ago kagi ↗

flip.it/kTyTbL “Details” are rarely, if ever, components of Bessent’s “ feel-good” gaslighting sessions. Neither are successful outcomes for American interests. Treasury Secretary Scott Bessent provided few specifics Monday during his highly-anticipated announcement about sanctions against Iran. The expanded "secondary" sanctions, which Bessent dubbed an "eco...

US economic D-Day sanctions: 'Repeated bombing attacks across Iran failed to change the calculus'

rss:france24international35d ago kagi ↗

Genie Godula is pleased to welcome Imran Bayoumi, Deputy Director & Resident Fellow at the Atlantic Council. He sees the Trump administration’s new sanctions strategy toward Iran as an attempt to seek economic leverage where military force has so far failed to produce any results. But its effectiveness rests on several unresolved assumptions. Chief among them is whether Washington can compel China

Oil prices fall for second day as US shifts from Iran strikes to sanctions

rss:france24international35d ago kagi ↗

Oil prices fell for a second straight day on Tuesday as traders saw a reduced risk of renewed US military strikes on Iran after Washington instead threatened broader economic sanctions. Treasury Secretary Scott Bessent declared an “economic D-Day” against Tehran but gave no timeline or details on countries that could face penalties.