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Treasury Launches “Operation Economic Outcast” With Iran Sanctions Threats

8/26/2026

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Story summary
  • U.S. Treasury announced “Operation Economic Outcast,” threatening sanctions on any country or entity doing business with Iran.
  • Treasury named digital assets, technology, gold, aviation and shipping as the five targeted sectors.
  • Treasury sanctioned nearly 60 entities, individuals and vessels for alleged nuclear, missile, cyber and oil-smuggling activity.
  • President Donald Trump called world leaders directly, urging them to cut ties with Iran.