US Targets Iran's Economy in Sweeping 'Economic D-Day' Operation

The United States has launched Operation Economic Outcast, a new campaign to isolate Iran and cut off its economic lifelines. Treasury Secretary Scott Bessent has called it an 'economic D-Day' as Washington targets Iran's digital assets, technology, gold, aviation, and shipping networks.

With nearly 60 entities, individuals, and vessels blacklisted, President Donald Trump is also expected to urge world leaders to cut ties with Tehran. This move has already pushed oil prices higher and fueled costs worldwide.

The Treasury Department's actions aim to cripple Iran's economy by targeting its main sources of revenue. The operation includes a range of measures, from freezing assets to imposing sanctions on shipping companies that do business with Iran.