Treasury Secretary Scott Bessent announced a significant economic pressure campaign aimed at Iran, marking a strategic move by the U.S. administration as tensions continue. The campaign, named “Operation Economic Outcast,” threatens additional sanctions against various sectors within Iran, including digital technology, gold, aviation, and shipping. Furthermore, countries conducting business with Tehran could face secondary sanctions.

This announcement comes amidst ongoing threats from U.S. leaders, despite Iran already facing heavy sanctions. The plan reflects an effort to intensify economic pressure if Iran does not alter its behavior. Treasury Secretary Bessent made the announcement at the Treasury Department in Washington, outlining the potential scope of new sanctions.