UAE officials react to Trump admin's 'Operation Economic Outcast'
CNBC Television·2026-08-25 14:45
Well, here in the Gulf and Arab capitals, Operation Economic Outcast is now in play. The Trump administration stepping up its campaign to cut Iran off from the global economy here, threatening secondary sanctions against countries, banks, and companies [music] that continue doing business with Thran. The opening salvo basically targets everything from Iranian oil sales to digital asset networks.But the announcement was also light on some details and stopped short of naming and shaming countries in the cross ...