Iran's Economic Isolation Deepens Amid US Sanctions

The US Treasury Secretary Scott Bessent has expressed confidence that the country's economic pressure campaign against Iran is working. He stated that about 15 million barrels of Iranian oil remain in the last shipments headed to China and that within two weeks, Iran will have very little left to trade.

According to Bessent, the situation demonstrates the effectiveness of Washington's campaign to isolate Iran economically, known as 'Operation Economic Outcast.'

The Trump administration has expanded measures targeting Iran's foreign-currency channels across various sectors, including oil, finance, aviation, and digital assets. The Treasury Department has imposed successive sanctions on Iran's aviation network and a digital-asset sanctions-evasion network.

Iran's economic isolation is deepening, with limited support channels through China and Russia. The US maritime blockade has cut off Tehran's principal sources of foreign currency, leaving the Iranian economy increasingly unable to withstand further pressure.