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US Slams 'Operation Economic Outcast' on Iran, Warning Global Trade Partners

Guavy AI Editorial Team
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Oil
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US Treasury Secretary Scott Bessent has announced 'Operation Economic Outcast', an effort to shut off all revenue streams for Iran.

The move comes amid ongoing conflict between the US and Iran, which has shaken global oil markets since February.

Bessent said President Donald Trump is making phone calls to world leaders, requesting they cease interactions with Iran.

New sanctions aim to block every potential source of revenue for Iran, warning other countries that continued economic ties could expose them to US retaliation.

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