Treasury Secretary Scott Bessent announced Monday evening the launch of 'Operation Economic Outcast,' declaring that the United States is no longer managing the Iranian threat but actively ending it. Bessent said the US has mapped every network through which Iran smuggles oil and will cut off all funding to the Islamic Revolutionary Guard Corps. He warned that any entity facilitating Iranian money laundering will be removed from the US financial system, and called on nations to close Iranian bank branches operating within their borders.
U.S. Treasury Secretary Scott Bessent announced Monday evening the launch of 'Operation Economic Outcast' (מבצע בידוד כלכלי), a comprehensive financial offensive targeting Iran's global economic links. Declaring a policy of 'zero loopholes,' Bessent stated that the United States has mapped every network through which Iran smuggles oil and will cut off all revenue sources funding the Islamic Revolutionary Guard Corps and the regime.
As The Zioneer reported at 20:19, the operation follows weeks of escalating rhetoric from the Trump administration, which has combined military threats with economic pressure to force Tehran to the negotiating table. Bessent warned that any international entity found facilitating Iranian money laundering will be permanently barred from the U.S. dollar system, and called on nations to close Iranian bank branches operating within their borders.
'Under Trump, the U.S. is no longer managing the Iranian threat — we are ending it,' Bessent said, presenting Iran with two options: 'complete global isolation or a return to normalcy.' The announcement marks a significant escalation in Washington's economic pressure campaign against Tehran, building on the naval blockade and sanctions regime already in place.
6 developments
- StrongUS Treasury sanctions additional senior IRGC officials at Trump's directive
- StrongUS Treasury proposes cutting Egyptian bank's UAE branch from US financial system over Iran links
- StrongUS Treasury sanctions two major crypto exchanges over IRGC-linked financing
- DevelopingUS freezes $130M in IRGC-linked crypto wallets, expands hunt to Khamenei's global assets
Source and signal
- Open-source intake