Uploaded August 2026 | Updated September 2026, 3 weeks ago

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Treasury Secretary Scott Bessent on Monday announced “Operation Economic Outcast,” a sweeping new sanctions campaign targeting Iran’s global financial and trade links in what the Trump administration has called an “economic D-Day.”

“At President Trump’s direction, the United States Treasury has begun Operation Economic Outcast, an unprecedented campaign against the Islamic Republic of Iran and its neighbors,” Bessent said.

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