US to End Dollar Access to Those Laundering Iran Money Says Bessent (Full)

Operation Economic Outcast aims to sever Iran's economic lifelines, specifically targeting oil smuggling, nuclear technology procurement, and financial networks to prevent the regime from obtaining nuclear weapons. The United States is enforcing a zero-leakage approach, utilizing secondary sanctions against any global entity—including banks and shipping firms—that facilitates Iranian illicit activities. While the administration prefers quiet diplomacy to set clear expectations with international counterparts, it maintains a firm stance that no nation is above U.S. sanctions. This sustained financial campaign, supported by military readiness, forces a binary choice upon the Iranian regime and its enablers: complete global isolation or a return to economic normalcy. The Treasury Department is actively mapping and dismantling every node of the regime's financial infrastructure to ensure no breathing space remains for the funding of terror.