US Treasury Warns Global Businesses to Avoid Iran

Treasury Secretary Bessent announced a severe sanctions campaign targeting global entities interacting with the Iranian economy.

Under "Operation Economic Outcast," US Treasury Secretary Scott Bessent issued an aggressive, final ultimatum to international businesses to sever all ties with Iran. The White House is finalizing extensive secondary sanctions that will directly penalize foreign commercial airlines, maritime shipping operations, and digital asset networks facilitating Iranian trade. Washington emphasized that these strict measures are necessary to dry up funding for Iran's military apparatus following missile strikes on American installations. Concurrently, the US threatened secondary sanctions against major trading nations, creating massive friction with European allies who criticized the tense, unilateral nature of American economic policies.