Operation Economic Outcast needs an off-ramp, not just a noose

Treasury Secretary Scott Bessent announced Operation Economic Outcast on Aug. 24, a massive expansion of sanctions aimed at severing Iran's ties to the global economy by targeting the infrastructure used for evasion.

President Donald Trump threatened to bomb Oman if it “gets in the way” of American plans for the future of the Strait of Hormuz. Despite the threat, Iran and Oman announced that they are nearing an agreement to open and manage a single corridor through the strait. While this statement doesn’t address tolling, Muscat ha