US Tightens Economic Noose on Iran with Expanded Sanctions
The US Treasury has widened its economic campaign against Iran, targeting financial and commercial channels involving gold, cryptocurrency, aviation, shipping, and technology.
Under 'Operation Economic Outcast', the administration is seeking to further isolate Tehran by severing every economic lifeline that sustains the regime.
Treasury Secretary Scott Bessent unveiled the expanded measures, warning governments, companies, and financial institutions that continue to support Iran could face secondary sanctions and potentially lose access to the US dollar system.
The campaign comes after months of military pressure failed to produce a broader settlement with Tehran. The Treasury has identified five areas it considers particularly important to Iran's economy: digital assets, technology, gold, aviation, and shipping.