US Targets Iran’s Economy: Countries Face Deadline to Cut Ties or Sanctions

The United States has launched a new initiative, dubbed “Operation Economic Outcast,” aimed at isolating Iran from the global financial system. Treasury Secretary Scott Bessent announced that Washington will give other countries specific deadlines to stop all financial dealings with the Iranian regime. Any nation that fails to comply will face secondary sanctions, which are penalties imposed on third parties that do business with sanctioned entities. The move signals a tougher stance from the US government, pressing allies and trading partners to choose between economic ties with Iran or with the United States. Bessent did not specify how long the deadlines would be or what sanctions would apply, but the message is clear: the US is tightening the screws on Iran’s economy.