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US Treasury launches Operation Economic Outcast, targeting Iran and enablers

On 2026-08-24, US Treasury Secretary Scott Bessent announced Operation Economic Outcast, expanding sanctions against approximately 60 individuals and entities linked to Iran's oil, military, and cyber networks. The campaign also targeted 24 entities in mainland China and Hong Kong that facilitate Iran's trade.

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U.S. expands Iran sanctions under Operation Economic Outcast

kite:defenseother36d ago kagi ↗

Treasury Secretary Scott Bessent announced Operation Economic Outcast on Monday, expanding U.S. sanctions on Iran and warning governments, companies and financial institutions that continued business with Tehran could expose them to U.S. penalties or exclusion from the dollar-based financial system [military.com#1][politico.com#1][cbsnews.com#1][npr.org#1]. The Treasury Department sanctioned nearl

US launches ‘Operation Economic Outcast’ to cut Iran’s economic lifeline

stream:bsky-jetstreamother36d ago kagi ↗

24/8 2026 #US launches #Operation-EconomicOutca to cut Iran’s economic lifeline Treasury Secretary #ScottBessent says US #sanctions will intensify to choke off Iran’s revenues and isolate the country. #Iran #US-war #uspol #irpol aje.news/iayhg7 Treasury Secretary Scott Bessent says US sanctions will intensify to choke off Iran's revenues and isolate the country.

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stream:bsky-jetstreamother35d ago kagi ↗

🚨 The U.S. Treasury Department launched Operation Economic Outcast, targeting nearly 60 individuals and entities linked to Iran’s oil, military, and cyber networks. Treasury Secretary Scott Bessent expanded sanctions to include digital assets, technology, gold, aviation, and shipping. #IranSanctions

US Treasury sanctions on Iran’s trade partners

rss:scmpinternational34d ago kagi ↗

The US Department of the Treasury launched targeted sanctions against some 24 entities based in mainland China or Hong Kong as part of its “Operation Economic Outcast” campaign against Iran and its enablers. See below for the original announcement: US Treasury sanctions by scmp