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US launches ‘Operation Economic Outcast’ to cut Iran’s economic lifelineWorld
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WorldUS launches ‘Operation Economic Outcast’ to cut Iran’s economic lifeline

The Trump administration is intensifying economic pressure on Iran by targeting foreign banks, companies and intermediaries accused of helping Tehran raise revenue. Treasury Secretary Scott Bessent says the campaign will focus on networks supporting Iranian oil exports and could eventually bar non-compliant businesses from the US financial system.

AAl Jazeera English 2026-08-25 02:37