US Launches Economic D-Day Against Iran
The Trump administration launched 'Operation Economic Outcast', an unprecedented economic offensive against Iran, targeting nearly 60 individuals and companies. Treasury Secretary Scott Bessent described it as an 'economic D-Day' intended to sever all financial lifelines for the Iranian government and the Islamic Revolutionary Guard Corps.
The operation follows earlier military action and aims to leave Tehran isolated. Bessent stated that President Trump has taken decisive action, ending the US's management of the Iranian threat and instead aiming to destroy it.
The Treasury has mapped Iran's networks for smuggling oil, evading sanctions, and funding militant groups. Teams from Treasury, State, and the Department of War are contacting governments worldwide with deadlines to halt identified Iran-related activity. Countries and companies that continue dealing with the regime risk being cut off from the US financial system.