US Treasury initiates 'Operation Economic Outcast' to enforce secondary sanctions on Iran

Treasury Secretary Scott Bessent has announced a 'zero leakage' sanctions campaign targeting Iran's revenue streams, threatening secondary sanctions and exclusion from the US dollar system for entities maintaining economic ties with Tehran. The initiative, reportedly supported by direct presidential outreach to foreign leaders, marks a significant escalation in US economic pressure. The efficacy of this 'zero leakage' approach remains uncertain given existing evasion networks and potential resistance from major trading partners.