DistantNews
Support us
US launches 'Operation Economic Outcast' to pressure Iran, demands world leaders choose sides
๐Ÿ‡ญ๐Ÿ‡ท Croatia /Economy & Trade

US launches 'Operation Economic Outcast' to pressure Iran, demands world leaders choose sides

From Veฤernji List · () Croatian

Translated from Croatian, summarized and contextualized by DistantNews.

At a glance

News From a news agency New plan
  • The U.S. announced new economic pressure on Iran, targeting five key sectors including digital assets and aviation.
  • The U.S. Treasury Secretary stated the goal is to sever Iran's financial ties with the world through

The United States has intensified its economic pressure campaign against Iran, launching "Operation Economic Outcast" to isolate the regime and cut off its revenue streams. The new measures target five critical sectors: digital assets, technology, gold, aviation, and maritime transport.

They have to make a decision: either America or Iran.

โ€” Scott BessentU.S. Treasury Secretary Scott Bessent stated the ultimatum given to world leaders regarding economic ties with Iran.

Treasury Secretary Scott Bessent declared that the U.S. aims to sever the Iranian regime's financial connections with the rest of the world. The campaign is not only directed at Iran but also at countries and companies continuing to cooperate economically with it. "We will cut off access to the dollar system for those who launder Iranian money," Bessent warned, urging those aiding Iran not to test Washington's resolve.

President Donald Trump is personally contacting world leaders, demanding they sever economic ties with Iran. Bessent stated that nations must choose between supporting America or Iran, and a deadline has been set for compliance. Failure to comply could result in unilateral U.S. measures, including secondary sanctions, which could impact major trading partners like China, a significant buyer of Iranian oil. Bessent emphasized that no entity is beyond the reach of these sanctions.

We will cut off access to the dollar system for those who launder Iranian money.

โ€” Scott BessentU.S. Treasury Secretary Scott Bessent warned about measures against entities facilitating financial transactions for Iran.

Iran, however, has vowed to resist. A spokesperson for Iran's Foreign Ministry stated the country would use all available resources against the U.S. sanctions. Meanwhile, Mohsen Rezaei, head of Iran's Supreme National Security Council, threatened retaliation against U.S. allies in the Persian Gulf, considering participation in the economic war an act of aggression. The sanctions come as Iran's economy struggles with high inflation, unemployment, and a weakening currency, factors that have fueled domestic discontent and protests.

Participation and support for the American economic war against the Iranian people will be considered an act of war.

โ€” Mohsen RezaeiMohsen Rezaei, head of Iran's Supreme National Security Council, threatened retaliation against U.S. allies.
DistantNews Editorial

Originally published by Veฤernji List in Croatian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.