The Morning Risk Report: Bessent Launches ‘Operation Economic Outcast’ to Isolate and Squeeze Iran - WSJ

The Morning Risk Report: Bessent Launches ‘Operation Economic Outcast’ to Isolate and Squeeze Iran  WSJ

Sanctions targeted Iranian individuals and companies that facilitated the trade of petroleum and petrochemical products with Iran or supported military action against US forces.

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Rep. Jake Auchincloss (D-MA) says he will not vote “for a single dollar” to fund what he calls a failed and illegal war, arguing Congress must prevent it from becoming a “forever war.” Stephen Moore, former Tr

Treasury Secretary Scott Bessent said countries would be given deadlines to cease all financial interactions with the Iranian regime or face secondary sanctions.

Treasury Secretary Scott Bessent said countries would be given deadlines to cease all financial interactions with the Iranian regime or face secondary sanctions.

Even before Scott Bessant's announcement of “Operation Economic Outcast”, the Iranian currency had sunk to a new low on the foreign exchanges, so what will the likely impact be of this attempt to block all Iran's potential sources of revenue?

"Any entity that facilitates money laundering on behalf of Iran will be removed from the US dollar system," US Treasury Secretary Scott Bessent said on Monday.

US launches 'Operation Economic Outcast' against Iran  USA Today

Treasury Secretary Scott Bessent on Monday issued a global warning for countries to cut any financial ties with Iran or risk being cut off from the U.S. dollar system, launching a new economic pressure campaign against the Islamic Republic as the military front has reached a stalemate six months into the war.  Called “

Treasury Secretary Scott Bessent says U.S. secondary sanctions in the pipeline aim to block all potential sources of revenue for Iran, telling nations to cut economic ties to Tehran or face U.S. retaliation

Treasury Secretary Scott Bessent said no country is "above the reach of U.S. sanctions," signaling Chinese banks could face consequences

What matters more for oil prices is how hard U.S. sanctions hit China, Iran’s biggest oil buyer, and whether Beijing pushes back.

The Trump admin aims to choke off revenue streams to the Iranian regime by pressuring secondary countries to stop doing oil, energy and business deals with Tehran.

Treasury Secretary Scott Bessent held a press conference to announce new sanctions against Iran in a "sustained financial operation" that the Trump administration is calling "Operation Economic Outcast."

Treasury Secretary Scott Bessent on Monday launched “Operation Economic Outcast,” a campaign to cut Iran off from the global economy and punish governments, banks, and companies that continue doing business with Tehran. The announcement comes roughly six months after President Donald Trump launched his military campaig