Trump unleashes swathe sanctions on Iran 'enablers'
Middle East Eye
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Middle East Eye
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US Treasury Secretary Scott Bessent announced a fresh round of sanctions against Iran and its international facilitators, describing the strategy as a suffocation of the regime. The administration has launched 'Operation Economic Outcast' to eliminate all economic avenues available to Tehran.
US Treasury Secretary Scott Bessent on Monday announced a new wave of sanctions against Iran and its "enablers", towards what he described as an "asphyxiation of this regime" amid the standoff in the Strait of Hormuz.
"Iran now faces a very clear choice, with only two paths before them: complete global isolation and a subsistence economy, or a path back to normalcy with an opportunity to rejoin the global economy," Bessent told reporters in Washington, DC.
It remains unclear how "a path to normalcy" may work, given the Trump administration has only ever tightened sanctions on Iran since its first iteration in the White House in 2017.
"Today, we are launching Operation Economic Outcast to foreclose every other option available to the Iranian regime," Bessent declared. "America is no longer managing the Iranian threat. We are ending it."
Using a "zero leakage approach", he said the Treasury had "mapped every node, every facilitator, and every network that Iran has used to smuggle oil and evade sanctions", and that President Donald Trump had already made phone calls to counterparts around the world "with specific requests to cease their interactions with the regime".
"Iran now faces a very clear choice, with only two paths before them: complete global isolation and a subsistence economy, or a path back to normalcy with an opportunity to rejoin the global economy," Bessent told reporters in Washington, DC.
It remains unclear how "a path to normalcy" may work, given the Trump administration has only ever tightened sanctions on Iran since its first iteration in the White House in 2017.
"Today, we are launching Operation Economic Outcast to foreclose every other option available to the Iranian regime," Bessent declared. "America is no longer managing the Iranian threat. We are ending it."
Using a "zero leakage approach", he said the Treasury had "mapped every node, every facilitator, and every network that Iran has used to smuggle oil and evade sanctions", and that President Donald Trump had already made phone calls to counterparts around the world "with specific requests to cease their interactions with the regime".
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Tags:#العقوبات الأمريكية#إيران#وزير الخزانة الأمريكي#مضيق هرمز#ترامب#الاقتصاد
Source: Middle East Eye
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