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US Treasury Secretary Scott Bessent has outlined what he called "unprecedented" moves to isolate Iran economically. He said it will focus on third countries, warning those who don't comply will "share" in the isolation.
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Scott Bessent announced a new round of economic sanctions against Iran, dubbing the effort “Operation Economic Outcast.”
U.S. Treasury Secretary warns of expanded sanctions in what he calls an 'economic onslaught' on Iran and its partners.. Follow for live updates
Treasury Secretary Scott Bessent said that new U.S. sanctions aim to block all potential revenue for Iran and told nations to cut economic ties.
Treasury Secretary Scott Bessent announced "Operation Economic Outcast" against Iran, with a goal of severing all of the country's economic lifeline, likening it to U.S. efforts to end World War II.
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