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Treasury Announces New Iran Sanctions Under Operation Economic Outcast

8/25/2026

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Summary

Story summary

U.S. Treasury Secretary Scott Bessent announced new sanctions targeting Iran on Monday.
The administration called the effort “economic D-Day” and named it Operation Economic Outcast.
The plan aims to further marginalize Iran six months after the U.S. and Israel began the conflict.
Sanctions will apply to any country or entity that does business with the Tehran government.

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Story summary

U.S. Treasury Secretary Scott Bessent announced new sanctions targeting Iran on Monday.
The administration called the effort “economic D-Day” and named it Operation Economic Outcast.
The plan aims to further marginalize Iran six months after the U.S. and Israel began the conflict.
Sanctions will apply to any country or entity that does business with the Tehran government.