Bessent Launches Operation Outcast Against Iran

Iran now faces a very clear choice, with only two paths before them complete global isolation and a subsistence economy, or a path back to normalcy with an opportunity to rejoin the global economy. Today, we are launching Operation Economic Outcast to foreclose every other option available to the Iranian regime. Treasury has mapped every node, every facilitator and every network that Iran has used to smuggle oil and evade sanctions.Beginning today, the actions of Treasury and other agencies will tighten the ...