US Treasury Chief Says Iran Struggling to Pay Troops as Sanctions Tighten

US Treasury Chief Says Iran Struggling to Pay Troops as Sanctions Tighten

Scott Bessent Says Washington’s “Operation Economic Outcast” Is Restricting Tehran’s Access to Funds and Pressuring Its Regional Allies U.S. Treasury Secretary Scott Bessent says Iran is facing mounting economic pressure as Washington intensifies sanctions aimed at cutting off the country’s access to international finance and limiting its ability to fund its military and regional allies. […]

US Imposes Fresh Sanctions on Iran’s Shadow Fleet

The United States has imposed fresh sanctions on Iran’s so-called shadow fleet, targeting individuals, networks and 17 vessels accused of transporting Iranian crude oil, petroleum products and petrochemicals. The latest measures are part of Washington’s escalating economic campaign against Tehran and come as tensions between the two countries remain high. Sanctions Target Iran’s Oil Shipping […]

U.S. Treasury Ratchets Up Pressure on Iran With Sweeping New Aviation Sanctions

The United States has sharply intensified its economic pressure on Iran by imposing sweeping new sanctions on the country’s aviation sector, targeting Iranian airlines, foreign intermediaries and companies accused of helping Tehran obtain aircraft and aviation technology. The U.S. Treasury Department announced on September 8 that its Office of Foreign Assets Control (OFAC) had sanctioned […]

US Expands Sanctions Campaign to Squeeze Iran’s Economy

The United States has launched a broad new sanctions campaign designed to intensify pressure on Iran’s economy, targeting the country’s oil revenues, financial networks, military procurement channels and international trading partners. U.S. Treasury Secretary Scott Bessent described the initiative as an “economic onslaught” against Tehran. The campaign, known as Operation Economic Outcast, combines fresh sanctions […]